A Convertible Note is a simple promissory note, usually bearing interest and payable at some future date. The conversion into equity is usually at a valuation that is consistent with the valuation agreed to with investors in an investment round that occurs at a later time.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Not everyone can invest in Convertible Notes, as there are rules about who qualifies as an investor. Generally, accredited investors have a leg-up in the game, but it's always good to check the specific regulations.
Interest rates on Convertible Notes can vary, but they are usually between 4% and 8%. It’s like earning a little something while you wait for the big payoff!
Trusted and secure by over 3 million people of the world’s leading companies