Bridge Financing Partner Sales Valuation 
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. This will also serve as a good pointer for all the entrepreneurs who ask why I am not interested in their company led convertible note financing round. Is This a Bridge or a Pier? ProfessorVC.
Both Sides of the Table
MAY 23, 2010
.&# This means that the investment does not have a valuation placed on it. a loan) that is later converted to equity at the time of the next financing. If no financing happened then this “note&# may not be converted and thus would be senior to the equity of the company in the case of a bankruptcy or asset sale.
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