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.
Start by asking for recommendations from friends in the business scene or search online for lawyers who specialize in startup funding.
Like anything in life, there’s some risk. If the startup fails, you could lose your investment. But convertible notes do offer potential upside if the company succeeds.
Keep an eye on the interest rate, conversion terms, and maturity date. It’s all about understanding the fine print!
Startups lean towards convertible notes because they’re quicker and easier than traditional funding methods. Plus, they don’t have to set the company’s worth right away.
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Long Beach California Contrato de Nota Convertible