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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

As lawyer Scott Edward Walker wrote earlier this year, because of this “Convertible notes are ticking time bombs: if the maturity date is reached, and there hasn’t been a Series A round (triggering the automatic conversion of the notes into shares of preferred stock), there is the potential for disaster.” Crunchboard.

Equity 87
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Free Startup Docs: How Much Equity Should Advisors Get?

techcrunch.com

For example: If an advisor meets with the founding team monthly, is involved in recruiting talent for the business, and takes a few customer calls, then that advisor would be entitled to 1 percent of the company in the form of restricted stock or options, vesting over a two-year time frame. Are There Too Many Stock Exchanges?

Equity 94