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

Ted Wang (Partner at Fenwick & West)
Version 2.0 and why Series Seed Documents are better than capped convertible notes – SeriesSeed.com

Why use Series Seed Documents instead of capped convertible debt? This seems to be the real issue. In my opinion, the reason that capped convertible debt is the current market leader is that entrepreneurs have been conditioned over time to believe that convertible debt is (a) faster (b) cheaper and (c) better for them than equity investment. This is EXACTLY why I created the Series Seed Documents.