Review on Hercules Capital by Olugbenga Ajayi
Hercules is improving the USA economy through provision of growth capital for growing entrepreneur
Hercules capital is the largest non bank lender(venture debt) company that is backed by venture capital. It is based in Palo Alto, California in the United States of America. Currently, it has five locations across the USA.
The company provide funds startups for founders in the area of life sciences, tech, Saas, finance and more.
This company isnhige in terms of capital base. It has $3bn Enterprise value with $2bn market capitalization. The company has spent over $1bn on 530 startups since 2003 when it was established.
Companies like this help improve the econoyof the domicile country and knowing that there are many of such in the US is impressive.
Pros
- The company take startups from different sectors
- It is opened to all levels of startup
- The team members are large enough to facilitate good decision making
Cons
- no negative comment
