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That convert you raised last year is a part of your cap table

VC Adventure

When it comes to convertible debt, I’ve had a few instances recently where “out of sight, out of mind” has created some misunderstandings around deal structures. The problem, of course, is that their convert is already a part of their capitalization – even though it’s not reflected on the cap table.

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That convert you raised last year is a part of your cap table

VC Adventure

When it comes to convertible debt, I’ve had a few instances recently where “out of sight, out of mind” has created some misunderstandings around deal structures. The problem, of course, is that their convert is already a part of their capitalization – even though it’s not reflected on the cap table.

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Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

I’ve been looking for suggestions for an initial deal structure that is appropriate for the theoretical case of a trusted dev shop putting in $100k in market-value of services over a 6 month period in time. We know it’s important to keep the cap table clean, and we want to focus on where/when we add value and then get out of the way.