In this episode of The Credit Bubble, I sit down with Ryan Edwards, founder of Prospeq and partner at Lioncrest, to discuss his leap from SVB to launching a credit fund aimed at overlooked markets and founders. We explore Prospeq’s focus on businesses outside the traditional venture mold, the diligence required when institutional backers aren’t present, and why hands-on lending creates value beyond capital. Ryan also shares how his new partnership with Lioncrest brings debt and equity under one roof to deliver the right capital at the right time, and offers his perspective on AI’s evolving role in diligence and investing.