Remove Demand Remove Hiring Remove Liquidation Preference Remove Seed Stage
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The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

Because convertible debt deals often have both a ‘full ratchet’ and often have ‘multiple liquidation preferences’ “ Yup. ” And some seed stage investors told me, “I prefer not to fight over price now. Convertible Notes Also Can Have Multiple Liquidation Preferences.

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How I Pitched My Business and Raised $2.3 Million in VC Funding

Up and Running

See Also: Demand Validation: How to Find Out If Customers Want to Buy Your Product. I hired an employee who had B2B SaaS marketing experience, and he worked on getting users while I worked on building new features that would convince them to stick around. Seed round funding mechanics follow a pattern. Find your own magic.