A Convertible notes (or “notes”) offer a simple, cheap, and fast method for start-up funding as compared to traditional priced equity rounds. It also defers the more complex discussion of start-up valuation to the next round of financing, as convertible notes do not set the exact terms of the investment.
Why do BnkToTheFuture list companies to raise investment capital using a convertible note?
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.