Hi! 👋

My name is Jaisal and I started this newsletter to help you find inspiration & discover billion dollar business ideas that you should steal for your next startup.

💸 Business Idea: Help bootstrapped startups/SaaS businesses raise capital

Founderpath helps SaaS companies raise capital without diluting ownership by offering loans based on their subscription revenue. Founders can connect their bank accounts, customer information, and other data to get a credit score. Founderpath then lends the company money based on this score. Better credit scores get better rates and cheaper capital. Founders typically get between 12 to 48 months to pay back their debt.

💰 Funding: Raised $161M so far.

👾 Founders: Nathan Latka (CEO)

🌍 Location: Austin, TX

🗓 Launched in: 2020

🤑 Business Model: Founderpath provides loans and access to capital at discount rates of around 8-10% which forms their primary source of revenue.

💪 Opportunity: Launch a similar service by niching down and focusing on a specific vertical or region.

👉 Visit Website

💌 Tell Your Friends

Newsletters are best enjoyed when shared with friends. If you enjoyed reading this issue and found it useful, please consider telling your friends.

Share this email or tweet about us. It helps a lot!

📚 Previous Issues

That’s it for this time! See you next week. 🤗

Did you enjoy reading this issue? Reply with 👍 or 👎 to let me know.

Daily Dose of VC 🤑

💸 Billion Dollar Business Ideas (#4)