“It depends on the business. If you don’t have any fixed return assets to invest in, then you shouldn’t take debt because it can also turn around the other way. You should take equity, like we do, for the purposes of business growth. But if you’re building software, I think equity, as a good valuation, is always making sense. Now, there are multiple new debt instruments available for startups, but we ourselves haven’t raised any debt on the business side of things. We always raise debt for the asset purposes only.”