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by b20000
1728 days ago
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what you should really do, is solve the lending problem. as a startup founder it has been impossible to get a corporate credit card without personal guarantees, even if I asked for a low dollar limit (e.g. 10K). in europe, that was never a problem for me. not giving a personal guarantee has nothing to do with being a scammer or shady person, but preventing the piercing of the limited liability aspect of the company you are founding. also, do not ask founders to deposit collateral to solve this problem. that's just lame and uncreative. VC funding or proven revenue should also not be demanded. |
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