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I would have used these a few years ago, and would in the future. This is now my convertible notes worked out so far, in practice - we offered to pay them back,
by andrewljohnson 13y ago
I would have used these a few years ago, and would in the future. This is now my convertible notes worked out so far, in practice - we offered to pay them back, or let them continue indefinitely, after they expired.
They were written as classic notes, for just friends and family, but we haven't raised yet. We dealt with the expiration in a non-official way, via email - basically like a SAFE, but still accruing interest. If my investors weren't as close as they are, or if it would have been more money, this might have been an expensive issue to deal with.