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