What’s the best way to raise in convertible notes or in your priced equity round?

Seth Levine (Managing Director @ Foundry Group)
Has convertible debt won? And if it has, is that a good thing? /

Entrepreneurs like convertible debt for some obvious reasons. For starters, it can be much quicker to put together a convertible debt financing, so more of the capital being raised goes to the operations of the business, not to the lawyers (this clearly benefits both the entrepreneur and investors). Importantly it also puts off the valuation question to a later date and tends to shift at least some risk from entrepreneur to investor (I’ll talk ab… (read more)