There's also discounts and warrant coverage that can be used to make a convertible note a better option for angels, but it seems like most of good angels don't

There's also discounts and warrant coverage that can be used to make a convertible note a better option for angels, but it seems like most of good angels don't like convertible notes for the reasons outlined in the post... More here: http://venturehacks.com/articles/debt-or-equity http://venturehacks.com/articles/debt-or-equity