Why raise debt for an AI startup instead of equity? Anyone knows why it’s better?

Bhavish is shyana. Does not want to part with equity. This is how he still owns a large stake in Ola Cabs and most of Ola electric. Good call I say.

1. Founder doesn't lose ownership
2. Giving up equity costs a lot when you're successful, because you give up a huge amount of wealth, also voting rights
3. In this market, debt is more easy to get because investor has less risk on it.

High on optimism move. Equity is the costliest source in the long run

Cost of equity is almost more than cost of debt… in almost all businesses as equity holder bears more risk than creditor