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Convertible debt is looking like the way to go. Does anyone have experience with discounting the equity when the note is converted? I feel like there should be
by startmeup11 16y ago
Convertible debt is looking like the way to go. Does anyone have experience with discounting the equity when the note is converted? I feel like there should be a recognition of the increased risk for early investing. Would a discount of 50% be a restriction in terms of raising the 500k from other investors or is it a pretty standard term?
- bdclimber14 16y agoI honestly don't know how restrictive this would be in practice, but I have heard of plenty of situations with a 50% discount so I don't think its absurd.