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Growing startups through revenue-based funding, with Arc Co-founder Nick Lombardo

Author
Lex Sokolin, Nick Lombardo
Published
Fri 24 Jun 2022
Episode Link
https://lex.substack.com/

In this conversation, we chat with Nick Lombardo, co-founder of Arc Technologies. Nick previously worked in private equity in New York where he experienced firsthand the limitations of traditional capital raising. In 2021, Nick and the other co-founders of Arc teamed up with Y Combinator and met with hundreds of software founders in the SF Bay Area and realized that they all shared a common pain point – startup funding is costly and distracting.

Arc was founded to give founders an alternative to the status quo that helps them grow – with technology and without dilution.

More specifically, we touch on investment banking vs. private equity, capital raising and the purpose of finance for early stage startups, invoice financing/invoice factoring vs revenue-based funding, embedded finance, and so so much more!

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