Games
What Online Game Loot Boxes Teach About the True Cost of Quick Cash
Loot boxes are one of the most studied ideas in modern game design, and for a reason that has little to do with games.
An origination fee rarely looks like much on a term sheet. It sits near the bottom as a single percentage, often one or two percent, next to numbers that feel far more important like the interest rate and the monthly payment.
Recent
Games
Loot boxes are one of the most studied ideas in modern game design, and for a reason that has little to do with games.
Lines of Credit
A client rang me last spring holding her first line of credit statement and a calculator.
Lines of Credit
The call I dreaded making as an underwriter usually came about three weeks before a line of credit matured.
Games
Anyone who has played a crafting or survival game knows the moment your workbench is full, your materials are gone, and your...
Games
Plenty of role playing and survival games hide a lender in some back alley who will hand you gold the moment you run short.
Games
Every February, one of the small businesses I keep the books for runs out of cash for about nine days.
Sections
Archive
Three people who have sat on different sides of a funding decision: a former underwriter who spent a decade deciding which loan applications got approved, a small business owner who has borrowed through a term loan, two lines of credit, and one merchant cash advance she still warns people about, and a bookkeeper who sees a client's cash flow problems months before the owner does. Every article carries a byline, and nothing runs that the writer has not actually dealt with.