Tagged Questions

1
vote
2answers
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Can you issue a Convertible Note to be converted prior to series A?

Situation: Closed initial kick-start seed investment with angel investor. Deal was done on an equity basis equaling a postmoney valuation of 400k. Have a few FFF who would like to invest small ...
3
votes
1answer
222 views

Seed Stage - Structuring Convertible Note With Cap

I am looking to raise roughly 30k for product development-marketing in the launch of a tech startup. I will be raising the money primarily from people I know with a few contacts that I don't. They ...
3
votes
1answer
606 views

term sheet vs convertible note

I have been talking to the people in angel circles and it seems that everyone takes only term sheets; and convertible notes are almost like an insult. My questions is: when I can start offering ...