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Bad Notes on Venture Capital

Both Sides of the Table

There were no metrics. Him: On metrics. If we priced it based on any metrics your company would likely be worth less than 7 figures at your A round. Less than you’ll probably grant your most junior employees in stock options? Stock Option plans. So a convertible note was easier. Your A round?

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Bad Notes on VC

Gust

There were no metrics. Him: On metrics. If we priced it based on any metrics your company would likely be worth less than 7 figures at your A round. Less than you’ll probably grant your most junior employees in stock options? Stock Option plans. So a convertible note was easier. Your A round?