Founder Interview Video
How Alternative Funds B2B Pay-Over-Time for SaaS Vendors With a $5M Seed and a $10M Credit Facility (Interview with CEO Baxter Lanius)
Chapters
- 0:00Introduction and Background
- 0:25From FinTech Investor to Operator
- 2:03What Alternative Does and How It Differs from Invoicing Tools
- 7:04Walking Through the Salesforce SMB Example
- 11:09Capital Structure: Debt, Equity, and the Credit Facility
- 13:22Advance Rates, Junior Tranches, and Cost of Capital
- 16:05Beta Customer Results and Go-to-Market Strategy
- 16:56Current Customer Count and Underwriting Process
- 17:56Onboarding Speed and Borrower Confidentiality
- 18:57Capital Recycling and IRR Math
- 21:19Seed Round Details and Founder Equity
- 22:55Team Size and Engineers
- 23:02Famous Five Rapid Fire
- 24:32Closing Summary