What is it Like to Negotiate a VC Round?
Both Sides of the Table
JUNE 5, 2015
The truth is that I’ve been warning about convertible notes since 2010 it was first declared that “convertible notes have won.” In the old days VCs funded off of a “pre-money” valuation. So how DOES a VC think about financings at early stages? It’s very simple. Size of my check.
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