Mar 12, 2017
I'm not a fan of convertible notes...
I’m not a fan of convertible notes…
I’ve been asked for opinions on convertible notes in seed rounds consistently for the past 10+ years. I’m going to just say it again. I am NOT a fan of convertible notes in seed rounds – I will always defer to founders wishes – but I strongly prefer to avoid convertible notes in seed rounds. The reasons are many and varied – Fred Wilson articulates them very clearly in his post here. I…
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