When Hybrid Funding Structures Actually Make Sense: Lessons from Three Failed Deals

https://picassoancleaners.com/how-scottish-stage-payments-build-progress-funding-and-milestone-releases-actually-differ-from-uk-practice/

I threw away three deals before I understood the point of hybrid funding. Each failure taught the same blunt lesson: pick the wrong type of capital and you can wreck momentum, ownership and credibility in one quarter