Convertible Equity, A Better Alternative To Convertible Debt?
techcrunch.com
SEPTEMBER 2, 2012
Convertible Equity, A Better Alternative To Convertible Debt? As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. In the end, Ressi says that Convertible Equity allows startups and investors to have their cake and eat it too. Smartphones.
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