Is Convertible Debt Preferable to Equity?
Both Sides of the Table
AUGUST 30, 2010
Seth Levine of Foundry Group addresses this important topic this morning on his blog with a post, “ Has Convertible Debt Won ? Seth was basing this on a Tweet by Paul Graham that said. “Convertible notes have won. Every investment so far in this YC batch (and there have been a lot) has been done on a convertible note.. I have to say that I didn’t take the question to mean that convertible debt had won for the entire market, but either way it’s clear that convertible
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