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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

Convertible Equity, A Better Alternative To Convertible Debt? From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing.

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27 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

My strength was not in finance, so one of the first things I did was hire someone to handle the books and keep me on a solid financial path, so I could focus on running my business. I started Patch Homes last year as I saw many homeowners who had valuable homes, but had little to no savings or money for their day to day finances.

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Can You Trust Any vc's Under 40?

Steve Blank

3) invest in and take equity stakes in exchange for capital. What this meant for entrepreneurs and VCs was a bit more complex– the IPO market was all but closed (with the Google IPO in 2004 as a brilliant exception), but it was possible find a buyer for your company. Each VC firm/partner has a different spin on what to weigh more.)

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AngelList Launches Docs To Help Startups Sign And Close Seed Rounds Online With Low Legal Fees

techcrunch.com

From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. Currently, Docs supports equity (via Ted Wang from firm Fenwick and West) and convertible debt (with the help of law firm Perkins Coie) with minor modifications through side letters. Crunchbase. ANGELLIST.

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April 4-Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO

David Teten

I hope that you can join us Monday night, April 4, midtown NYC, at a panel on “Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO” The program is sponsored by the HBS Club of New York and the HBS Angels of NY.

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.) Read on for a fuller explanation.

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Getting Founders Some Early Liquidity Can Benefit VCs

Hunter Walker

When Google went public in August of 2004 one of the first things I did with my employee grants was sell enough to pay off my student loans. It’s for reasons like these that I support getting startup founders some liquidity during their company’s first few years, perhaps as early as Series A financing when appropriate.

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