A Convertible notes (or “notes”) offer a simple, cheap, and fast method for startup funding as compared to traditional priced equity rounds. It also defers the more complex discussion of startup valuation to the next round of financing as convertible notes do not set the exact terms of the investment.
Why do BnkToTheFuture listed companies raise investment capital using a convertible note?
Modified on: Tue, 6 Dec, 2016 at 3:33 AM
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