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Correct - accelerant can be traded for “equity for lots of cash plus advice” or purchased “cash for advice” - I’m a big fan of bootstrapping to a financially stable state and having the option to take either route without the business being reliant on either - then again, in Australia we don’t have much choice anyway - venture capital and banks are both exceedingly conservative which perpetuates this approach more so than in other ecosystems with more funding liquidity.


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