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Venture debt financing is a type of loan given to startups and other early-stage companies that offers more flexibility than other forms of capital, but often at higher cost.

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I (GrowthGauge) first bought LaserBond (ASX: LBL) on 5 April 2019 at $0.425. The price soon doubled, then sank to $0.28 in the COVID crash. It climbed to almost $1.00 in 2021 and has drifted since.