I was told that one of the benefits of doing a convertible note round is that you can do it on a rolling basis? Does that mean we can give different investors different discounts and caps? (ie:...
We're in the process of hiring our first employee and trying to figure out logistics given that we're making the employment offer in parallel with our seed funding. All of our current funding up to...
If you have a relative low cap on a convertible note angel round, will that hurt your chances of getting series A financing?
We're a software startup and are raising a convertible note seed round. The investors insist on having both a discount and a cap. I have a pretty good understanding of how the discount works but...
We have a startup with 3 co-founders each having 33.3% of the company. So far we have raised 100k internally and split it 3 ways. Now we wanted to raise another 100k round internally. If one...
I will be joining as a senior developer on a startup and I will be working 20 hours a week remotely. I have a day job which pays my bills now. The company is not funded yet so we will not be given...
Situation: Closed initial kick-start seed investment with angel investor. Deal was done on an equity basis equaling a postmoney valuation of 400k. Have a few FFF who would like to invest small...
My startup company has put together a group of friends and family investors who will be investing in the form of a convertible note. I've done quite a bit of research on convertible notes, but am...
I have been talking to the people in angel circles and it seems that everyone takes only term sheets; and convertible notes are almost like an insult. My questions is: when I can start offering...
I was reading this answer and am a little confused - how is convertible debt precluded by being an S corp? (rather than C corp) Is this just an overstatement? I understand that one typically would...
Our self-funding is running out within 2 months and we are probably a month to 4 months away from revenue. We hope we won't need financing, but we have to be prepared. I've already spoken with a...