ProfessorVC: Why I Hate Convertible Debt.Let Me Count the Ways
Professor VC
APRIL 7, 2011
My partner in Menlo Incubator , Gary Kremen , and I had a recent debate on which one of us hates convertible debt more. I thought about doing this in a top 10 format, but will limit to my top 3 reasons: Misalignment of incentives - As an angel investor I want to do everything I can to help the entrepreneur succeed. ProfessorVC.
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