Dequity
Dequity (n.) — capital that sits between debt and equity: it carries a fixed obligation like debt (interest, a repayment schedule, or a preferred return) while also granting an ownership claim or share of the upside like equity. Neither purely a loan nor purely a stake, but a hybrid that lets a lender behave like an owner and an owner get paid like a lender.
“Rather than dilute the founders with a priced round, the fund structured $5M in dequity — a 9% coupon plus warrants for 4% of the company at exit.”
Dequity by Vinny Verde July 23, 2026
Get the Dequity mug.