Private Equity
Family offices are becoming catalytic capital providers via direct investments, co-investments and thematic platforms, writes Steven Thayer of Ice Miller.
5 min read · 13 May 2026
Zack Ellison of Applied Real Intelligence examines how the features that make venture debt a powerful growth catalyst can also pose serious risk to borrowers when it is misunderstood, mismanaged or misaligned with the underlying business.
5 min read · 04 February 2026
Chime’s success is a model for how tech-led innovation, exceptional founders and insight into overlooked segments can reshape financial services, write Emmalyn Shaw and Sarah Morgenstern of Flourish Ventures.
6 min read · 24 December 2025
Healthcare services deals come with unique regulatory challenges that can materially influence valuation, deal structure and exit prospects, write Davis Mello and Marc Rigsby, attorneys with Bass, Berry & Sims.
5 min read · 22 December 2025
In part 24 of his venture debt series, Zack Ellison of Applied Real Intelligence breaks down the key funding structures behind venture loans and growth credit and how they shape investor control and economics.
5 min read · 29 September 2025
In part 23 of his series on venture debt, Zack Ellison from Applied Real Intelligence concludes a three-part deep dive on convertible notes, and walks through an example of a convertible note decision tree, complete with scenario probabilities, financial outcomes and expected value modeling.
5 min read · 27 August 2025
Here’s how VCs should think about diagnosing, managing and resolving challenges of upside-down cap tables, which undermine stakeholder alignment and threaten the viability of portfolio companies, writes attorney Davis Mello of Bass, Berry & Sims.
6 min read · 19 August 2025
In part 22 of his series on venture debt, Zack Ellison from Applied Real Intelligence identifies how investors can structure convertible notes to mitigate downside risk, avoid liquidity traps and better align incentives.
4 min read · 01 July 2025
In part 21 of his series on venture debt, Zack Ellison from Applied Real Intelligence explores the fundamentals of convertible notes and why they are a staple of early-stage financing.
4 min read · 30 May 2025
In part 20 of his series on venture debt, Zack Ellison from Applied Real Intelligence examines the emerging appeal of lending to non-sponsored, bootstrapped companies.
5 min read · 30 April 2025