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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. Ressi, Wilson Sonsini and a top-tier accounting firm (which preferred not to be named) have been working on developing this set of documents for some time now, says Ressi. San Francisco, California.

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