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?
Modified on: Thu, 31 Jan, 2019 at 5:54 PM
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