Under30CEO on MSN
What is a convertible note (and when founders should use one)
You’re a few months into building. You have early users, a half-working product, and one investor asking for your “valuation expectations.” You have no idea what to say. A friend tells you to “just ...
Under30CEO on MSN
SAFEs vs convertible note: Which is right for a pre-seed round
You finally have investor interest. A couple of angels like the idea, one says “We usually do SAFEs,” another asks if you’re ...
As I mentioned before, in the event of a liquidity or dissolution event, convertible note investors are entitled to receive payments before others, alongside regular creditors. While an investment ...
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