Building Convertible Debt into the Premoney Valuation
ithacaVC
JANUARY 24, 2013
Having a relatively small about of convertible debt on your balance sheet prior to your Series A financing is not a bad thing. Option pool: 500,000 shares (some issued, some reserved, but that is typically irrelevant as the whole pool is normally factored into the premoney share price calculation). 7692 per share.
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