Sat.Oct 20, 2012 - Fri.Oct 26, 2012

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Startup Execution Transcends the Idea From Day One

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Apple NYC image via The Washington Post. A startup begins with a great idea, but all too often, that’s where it ends. Ideas have to be implemented well to get the desired results. Good implementation requires a plan, and a good plan and good operational decisions come from good people. That’s why investors invest in entrepreneurs, rather than ideas.

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Convertible Notes have a clause that the investor can ask for the money back. How often is this used?

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The question should be “used for what?” Because convertible notes are designed to give investors an equity interest in a company that will eventually be worth much more than their investment, the intention on their part is always to convert into equity (after all, if they were just after the interest on a loan, they could find much less risky things to invest in than a startup.).