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Knowledge Is Power: Convertible Note Financing Terms, Part II

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This may seem like a no-brainer now that you understand the basic structure of a convertible debt financing. At least one well-known Silicon Valley venture accelerator is using a document referred to as a “ convertible security ” rather than “convertible promissory note.” This paragraph is the heart of the whole deal.

Finance 79
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Knowledge Is Power: Convertible Note Financing Terms, Part V

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This is the norm for West Coast deals, but it’s often the case in dealing with East Coast investors (more commonly for VC financing rounds rather than angel seed rounds) that the lead investor wants its lawyers to draft the documents. See discussion of amendments below.) merger or acquisition).

Finance 79