In today’s episode of Coffee With a Founder, our host Beck Bamberger sits down with Mike Hurst, founder of Turbine, to explore a question. How can venture investors access cash without selling their fund stakes early?
When companies stay private longer, investors can spend years waiting for a payout. Turbine gives them a way to borrow against their stakes in venture funds while staying invested.
We get into why banks hesitate to make these loans, what lenders need to see before they’ll say yes, and why Mike felt the timing was right to build Turbine. Mike also shares what he learned from his earlier startups and how he makes time for family while still having fun building a company.
Grab your coffee (or your water) and let’s get into it.
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