Both Sides of the Table
MAY 23, 2010
The industry jargon for convertible debt is a “bridge loan&# or “bridge financing.&# It’s called a bridge loan because it’s meant to provide enough capital to bridge you from your last round of funding until your next round of funding. They might not replace an engineer or two that quits.
Both Sides of the Table
MAY 15, 2010
Often times when companies raise “bridge” financing (this is money from internal investors. We spoke briefly about why. When you see a big round that is announced, does it mean that they really raised all this money? Short answer: no. I first discovered it from Dharmesh Shah’s blog OnStartups.
venturehacks.com
OCTOBER 21, 2010
Lead Engineer 0.5 – 1 5+ years experience Engineer 0.33 – 0.66 Manager or Junior Engineer 0.2 – 0.33 Given that many companies are doing convertible note bridge financings as their seed round, this seems to come up relatively often.
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