Convertible Equity, A Better Alternative To Convertible Debt?
techcrunch.com
SEPTEMBER 2, 2012
As lawyer Scott Edward Walker wrote earlier this year, because of this “Convertible notes are ticking time bombs: if the maturity date is reached, and there hasn’t been a Series A round (triggering the automatic conversion of the notes into shares of preferred stock), there is the potential for disaster.” Crunchboard.
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