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If the round is 500k but we need 50k today

What's the best way to structure this? (get some money transferred to our bank account/doesn't have to be the entire amount) Equity or convertible notes?

we're an early stage tech startup

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Are the rest of 500k lined up already? If so then I would recommend to take a look at bridge loan. In the case, if 500k is what you want to get (but doesn't have anything ready to close) then equity or convertible notes are good option.

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not the entire amount. one investor is willing to write a check for 50k today – Tim Mar 16 at 19:24
Just to be on the safe side. I am not a legal advisor (so take it with the grain of salt). However, as I understand equity deals are a little bit more straightforward. If you plan to do convertible notes, you will need to craft more complex documents. – Victor Ronin Mar 16 at 19:26

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