"Essentially, we were in the ‘Goldilocks Zone’ — we had all this great stuff happening that would have a positive — and hopefully exponential — impact on our revenue, but if we looked at equity financing at that point, we would be dinged in valuation because those opportunities were not productive as yet.
And that’s when we discovered the potential of revenue-based funding to close that gap. "
Shrad Rao, CEO of Wagepoint

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