“The right amount of debt at Series A is zero.” “The trap is when you use debt to try to extend runway.” Founder of Also Capital @nunzi46 shares the only reasons hard tech companies should ever use debt: “Buy long-lived assets. But the caveat is - they need to be tied to actual contracts that push real revenue and cash flow.” “If you are using debt to speculatively invest in capacity, you are taking a lot of existential risk into the business until you have contracted revenue with…