ProfessorVC: Why I Hate Convertible Debt.Let Me Count the Ways
Professor VC
APRIL 7, 2011
In cases where it is truly a bridge financing (i.e. However, using portfolio theory, your losers are going to far outnumber your winners, so taking half or more of the gains out of the winners will have a big impact on the overall returns. Don't Stop Believin' Is There Any Truth in "The Social Network"?
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