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Should you raise on convertible notes or do an equity round?

Hippoland

A reader named Turner Dean recently asked me whether it’s better to raise seed money on convertible notes or straight-up equity. In general, I’m a big fan of convertible notes or convertible securities for seed stage founders.

Equity 48
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How to Start a Startup

www.paulgraham.com

During the Internet Bubble there were a number of startups founded by business people who then wentlooking for hackers to create their product for them. Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. You dont want mere voting; you need unanimity.

Startup 105
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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

If you are raising a seed round now, there are a few things you can do to protect yourself. There are still the same debates on whether or not you should take seed money from VCs. Lastly, seed-stage entrepreneurs who have pushed for the maximum valuation possible haven’t done themselves any favors.