Convertible note

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Investing as a founder vs. via convertible note?

dann harriss Student at Stanford University

April 21st, 2016

Here's a scenario: 3 founders have started a company with, initially, equal equity split between the three of them. Things are... More

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Equity Financing vs. Convertible Debt Rounds for Early Stage Companies?

Pardeep Sumria Lovely Group

February 5th, 2017

To provide some background, I am currently advising an early stage SaaS company that is looking to do the first round of financing. They do not have... More

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Latest key terms in a Convertible Note?

Guy Marion Chief Marketing & Revenue Officer at Autopilot HQ

August 19th, 2013

We're planning to issue a standard convertible note to raise $250K to $500K in the coming weeks. Our founding team is comprised of mostly academics... More

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Convertible Note: Same terms for everyone?

Brendan Benzing Cofounder at MyNeighbor

December 22nd, 2014

I was just wondering if anyone raising money using a Convertible Note has had a prospective investors ask for changes to the terms of the note, and... More

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What are the benefits of an uncapped note?

Sati Hillyer Looking to Hire a Ruby Engineer to join OneMob - 2015 Gartner Cool Vendor for CRM Sales

September 1st, 2014

Is there a benefit to going uncapped if you've already been given a high valuation pre-seed?... More

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How do I set fundraising goals?

Devin Fee Director of Operations at Chiron Health

March 13th, 2013

I met with an angel who thought my pro-forma expenses of $850k were too much (founder, 3 hires with 1 year runway). He told me... More

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If I'm an equity shareholder, can I ask for a cap table?

Ginger Zumaeta

April 15th, 2014

I did a deal with a company years ago (2012) and was promised founders' shares in exchange for services. I FINALLY got the options grant after threatening... More

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How to do equity splits with unequal upfront cash?

Matthew Campbell General Purpose GO Hacker at DigitalOcean

January 10th, 2015

So I launched a prototype after a few months of development. I developed this myself (I'm a developer) and with the help of two other paid resources.... More

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How have you structured a convertible note financing with warrants?

Ben Mackinnon Co-founder & CEO

December 11th, 2015

Our lead investor has asked for additional ownership stake via warrants struck at the round's valuation cap. He wants a specific %, not warrant coverage... More

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Question about starting out as LLC and converting to C Corp - is this issue a real problem?

Robert Stoeber Co-founder at Workglue

April 24th, 2016

Someone just raised an issue with one of my partners and I've never heard anyone else mention it before. Considering the possible implications I'm... More

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