Don't most seed rounds use convertible notes? We use Y Combinator's SAFE Docs (https://www.ycombinator.com/documents/ https://www.ycombinator.com/documents/) so

Don't most seed rounds use convertible notes? We use Y Combinator's SAFE Docs (https://www.ycombinator.com/documents/ https://www.ycombinator.com/documents/) so the issue of valuation can be delayed until the company has better metrics and can be value properly, while still giving upside to the note holder.