The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand
Both Sides of the Table
SEPTEMBER 5, 2012
But that’s hardly fair compensation when your former cube mate gave you $25,000 of money she didn’t really have to invest in you, took tons of risks with her money, and now has to pay a VC price for that money a year after she invested it. So if I write you a $500,000 check into a convertible note with a $4.5
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