Remove Bridge Financing Remove Burn Rate Remove Sales Remove Social Network
article thumbnail

ProfessorVC: Why I Hate Convertible Debt.Let Me Count the Ways

Professor VC

In cases where it is truly a bridge financing (i.e. Others will attempt fire sales. Don't Stop Believin' Is There Any Truth in "The Social Network"? Particularly, now that standard Series Seed docs are commonly used. So when does convertible debt make sense? So what happens to these companies?