I'm curious, how much would you have paid to be protected from this kind of risk... | Hacker News

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		cataflam on Sept 18, 2018 \| parent \| context \| favorite \| on: Ask HN: Why did your startup fail and what did you... I'm curious, how much would you have paid to be protected from this kind of risk and make sure you'd get your money?

jwatte on Sept 18, 2018 [–]

Isn't that what factoring does? That's a well established line of business for a very long time.

And because you sell your invoices, the factor now takes the payment default risk.

Does cost a penny though.

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