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Ask HN: Where can I get a sample "Industry Standard" convertible note doc?
I just got a convertible note doc from my lawyer and something just doesn't seem right. Any idea where I might be able to find a somewhat standardized convertible note doc which I can compare his doc against?
- davismwfl 14y agoNot sure where you can find a standard one, but my bet is 90% is boilerplate stuff. If you don't mind, what doesn't feel right? Did you make him explain each paragraph and reasons for it, and answer questions for you? I use attorney's quite a bit and really push them onto the hot seat, I learned early on they were quick to try and control my meetings with them which is just unacceptable to me. I did find this with some examples: http://www.startupcompanylawyer.com/category/convertible-note-bridge-financing/ http://www.startupcompanylawyer.com/category/convertible-not... and this: http://www.docracy.com/2740/convertible-note-term-sheet-template- http://www.docracy.com/2740/convertible-note-term-sheet-temp... Obviously I am not an attorney and I don't have any convertible notes so I can't answer from first hand knowledge but hopefully those help some.