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_csoo
on May 10, 2011
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Let’s mug a startup founder
I don't get it, isn't the 6% basically the interest rate?
ryancarson
on May 10, 2011
[–]
No, because if any of these startups make it big, it'll be 6% of a much larger amount (think $10,000,000+). $600,000 is a little more than the interest you'd pay on a $33,000 loan at 6% :)
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