Seems to me this is the value proposition of a hard money lender. Think of it from the lenders position. He fully expects for you to fail.

He wants the money and/or the collateralized asset that is hopefully a cashflowing asset. If the lender sets his terms well enough, he could end up with all of his money back plus some and a cash flowing asset that continues to strengthen his position.

Saylor strikes me more and more like a monopolist.