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We did a convertible debt round and it was great. No need to haggle over a valuation, and the legal documents are much much shorter, so you can save considerabl
by aaroneous 19y ago
We did a convertible debt round and it was great. No need to haggle over a valuation, and the legal documents are much much shorter, so you can save considerably in those pesky legal fees. I highly recommend this approach.
- enki 19y agook, will look into this. what kind of discount is usual at this stage? 20%?