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 - [[https://www.udemy.com/course/an-entire-mba-in-1-courseaward-winning-business-school-prof/learn/lecture/4282976#overview][S08:L44 Debt/Bonds, Interest Rates/Yield Curves, Equity]]
 
 * Notes
+
+** late stage VC & VD round
+- year 5-6
+- best VC: Meritech
+- best VD: Silicon Valley Bank
+
+** Finance & Accounting differences
+*** accounting
+- accrued revenue and expenses
+
+*** finance
+- cash revenue and expenses
+- cost of capital (cost of getting money)
+- cost of equity
+
+** Debt
+- nominal interest rate = interest rate of a bank loan
+- real interest rate: rate that government loans banks
+
+- liquidity risk: how fast can one turn all his assets to cash
+
+- cost of debt = liquidity risk + inflation risk  + defautl risk + maturity + real interet rate
+
+- risk free rate = real rate of interest + inflation premium
+
+** yield curve