3 ms·

Since when is Angel investment a loan, anyway?

• sabat 16y ago
  It was an honest question. Pro tip: try answering a question even if you consider it to be stupid. Don't just vote down. Not cool.
  • jedwhite 16y ago
    The original link describes the situation pretty well if you read it. A convertible debt is a form of loan, and as the post points out, this is currently the popular way that angels put funds into startups.
  • prodigal_erik 16y ago
    I would prefer not to see HN real estate wasted on redundant answers that were already available in the linked articles. Answering questions that didn't need to be asked encourages laziness and hurts signal/noise.
• cperciva 16y ago
  Since when angels started using convertible debt instead of straight equity purchases.