Why Wasabi opted for credit in its latest financing round
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Wasabi Technologies Inc. today said it has secured a $250 million credit facility, choosing to forego equity financing for the flexibility of debt. The decision highlights an issue that often faces growth-stage companies: how to fund expansion without overburdening the business or diluting ownership. It’s not that the cloud storage provider is hurting for cash. […]
The post Why Wasabi opted for credit in its latest financing round appeared first on SiliconANGLE.
The post Why Wasabi opted for credit in its latest financing round appeared first on SiliconANGLE.
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