Raising Capital With Convertible Notes
Raising Capital With Convertible Notes
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Convertible Notes Funding: Wire to Attorney or Startup Account?
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Just ask on Instagram: "So what’s a convertible note? It’s a way investors put money into your company now, in exchange for equity later. It’s basically a loan that turns into shares when your company raises its next round. It lets you delay the awkward “what’s my company worth” conversation until you have more traction. But here’s the thing. The terms matter. Is there a valuation cap? Is there a discount? Founders love convertible notes because they can get quick cash without giving away a set
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