Remove Employee Remove Recapitalization Remove Sales Remove Syndication
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How to Be an Angel Investor

www.paulgraham.com

Youllprobably get either preferred stock, which means stock with extrarights like getting your money back first in a sale, or convertibledebt, which means (on paper) youre lending the company money, andthe debt converts to stock at the next sufficiently big fundinground. [ Dont feel like you have to join a syndicate, though.