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Knowledge Is Power: Convertible Note Financing Terms, Part II

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A term sheet keeps things relatively straightforward by summarizing the most significant deal terms in outline form, whereas the deal documents themselves (often referred to as definitive agreements ) — even for a relatively simple convertible debt financing — inevitably contain some densely written legalese.

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

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On the investor side, representations and warranties in the purchase agreement primarily relate to securities law compliance. Having come to the end of our overview series, I’ll discuss some of the pros and cons of different deal structures, more recent innovations such as Series Seed documents, and other variations in future posts.

Finance 79