Why Wasabi opted for credit in its latest financing round

Why Wasabi opted for credit in its latest financing round

Wasabi Technologies Inc. today said it has secured a $250 million credit facility, choosing to forego equity financing for the flexibility of debt. The decision highlights an issue that often faces growth-stage companies: how to fund expansion without overburdening the business or diluting ownership. It’s not that the cloud storage provider is hurting for cash. […]

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