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.
Absolutely! Convertible note terms can often be negotiated to fit both parties. It's much like haggling at a flea market; everyone wants a fair deal that leaves them smiling.
Investors should know that convertible notes carry risks, like uncertainty about the company's future or losing out if it goes belly up before the note converts. It's like betting on a horse; sometimes they just don’t cross the finish line!
For investors, convertible notes can offer a quicker route to equity, along with potential discounts and valuation caps. It's like getting a VIP pass to a show with benefits before the tickets get snatched up!
Startups in Omaha use convertible notes to raise funds without setting a specific company valuation right away. It's like getting a promissory note that lets you skip the awkward 'what's my worth?' dance.
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