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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

The reason why many have started using the debt note, is because with no complications, an average convertible debt deal can be sealed with a five to seven page legal agreement that takes just a few hours to finish, and costs $5,000 or less. Ressi estimates that the debt note now accounts for over 50% of all angel and early stage deals.

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