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Code Cubitt Managing Director at Mistral Venture Partners

Ottawa, Canada Area

Managing Director - Mistral Venture Partners, Motorola Ventures, Gabriel Venture Partners, RF Engineer, entrepreneur...

  • Reviews 8
  • Answers 1

One of the most productive calls I've ever had. Code is very qualified, experienced and actually just wants to help out. Code flat out didn't even want the tip I offered and said "I'm just doing this to help".
I highly recommend him

Source: Clarity rashid gargash Mar 25, 2021

Code provided invaluable and actionable insight. I can not recommend him enough!

Source: Clarity Nizan Friedman Oct 14, 2020

Second call with Code. He listens well is on point and open to making intros. Thanks Code!

Source: Clarity Jevin Maltais P.Eng Jun 25, 2015

Asked me for background upfront to save us time. Great ideas to help me get focused on a product. If you're looking for a critical (yet friendly) eye for your idea, Code is who you want to call.

Source: Clarity Jevin Maltais P.Eng Jul 2, 2014

Code was very helpful -- and the input he gave was just what I needed to hear.

Source: Clarity Mike Belsito Jun 21, 2013

Code is one of the brightest and hardest working people I've had the pleasure to work with. Aside from his impressive ability to understand and evaluate technology, he has a strong strategic and business sense. Finally, his lively attitude and sense of humor are easily missed!

Source: LinkedIn Sim Blaustein May 18, 2013

Code and I keep in touch and regularly exchange ideas -- he's an incredibly hard-working and dedicated guy, and has some very creative ideas and deep insights into the industry. I'm glad to call him a friend and colleague.

Source: LinkedIn Tim Chang May 18, 2013

Code is a team player who leverages his industry knowledge and broad connections to energetically and insightfully tackle complex projects, effectively prioritizing key activities to yield quick results.

Source: LinkedIn Rob Romero May 18, 2013
Code Cubitt, Managing Director at Mistral Venture Partners answered:

It's certainly not unusual to see debt on the balance sheet when we look at opportunities. I wouldn't let it hold up your process of trying to find additional new investors, as it can usually be worked around to all parties satisfaction. Having said that - a specific answer to your question would depend on a number of things, including the payback terms, cash on the balance sheet, amount you intend to raise, strength of the underlying business etc. VC's will not fund you $500K just to have $300K walk out the door in 6 months for example. Have you considered having your debt holder convert to equity along with the new investors?

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