7 Key Terms in a Convertible Note
After reading about the “proper” way to raise a seed round you decide you are ready to raise capital through a convertible note. At this point you will probably ask yourself – “What are the material terms in a convertible note?” I am glad you asked. Below are 7 key [...]
SAFEs v Convertible Notes – What are the Differences?
tl;dr – Convertible Notes and true debt instruments with interest and maturity dates while SAFEs are generally more founder friendly with the exception of Pro Rata rights. It’s important to understand what market in your area is when deciding which to use in fundraising. You learned of the standard way [...]
7 Key Terms in a Convertible Note
After reading about the “proper” way to raise a seed round you decide you are ready to raise capital through a convertible note. At this point you will probably ask yourself – “What are the material terms in a convertible note?” I am glad you asked. Below are 7 key [...]
SAFEs v Convertible Notes – What are the Differences?
tl;dr – Convertible Notes and true debt instruments with interest and maturity dates while SAFEs are generally more founder friendly with the exception of Pro Rata rights. It’s important to understand what market in your area is when deciding which to use in fundraising. You learned of the standard way [...]