Nelson Carbonell of Snowbird Capital is an entrepreneur who bootstrapped his previous company, Cysive, with $10K in personal credit card debt before ultimately taking it public in 1999. Now, as Founder and CEO of Snowbird, he bridges the gap between senior debt and private equity by providing mezzanine capital to small to medium-sized cash flow positive businesses. Here Nelson talks about how that financing option works and what his organization looks for in entrepreneurs they do business with.
