Editor’s Notes: College Tonight; Is Debt Financing a Bad Thing?
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College Tonight Makes Big Statement on Users’ Privacy – StartUp Beat featured collegiate social network College Tonight is backing up its commitment to online privacy in a big way by appointing former FBI profiling expert John Douglas to its board of advisors. More on the announcement and Douglas’s background: FBI’s Legendary Special Agent John Douglas Joins College Tonight Inc. College Tonight’s StartUp Beat Pitch: 4/22/08 – Featured Company: College Tonight
Is Startup Debt A ‘Reality-Avoidance’ Ploy? – This is the opinion of Mitchell Kertzman, managing director of Hummer Winblad Venture Partners, in a Wall Street Journal article about tech startups taking on debt financing. The argument seems to be that VC financing is far superior to debt. Granted, too much debt is never a positive, but “reality-avoidance” seems to be a bit of an overstatement, to say the least. What do you think? Here’s the article: High-Tech and Laden with Debt
