The story of software is shifting from system of record to system of action, from passively tracking work to actively performing it.
Private credit is booming—surpassing $1.7T in AUM and outperforming public markets in recent years. Traditionally reserved for later-stage companies, it's now quietly entering the startup playbook. In this piece, we explore whether early-stage startups—especially lean, revenue-generating ones—can tap into private credit as a flexible, non-dilutive alternative to venture debt.