Remove Aggregator Remove Conversion Remove Preferred Stock
article thumbnail

Convertible Debt – Conversion In A Sale Of The Company

Feld Thoughts

Some sort of conversion does occur. In the case of an early-stage startup that hasn’t issued preferred stock yet, the debt converts into stock of the acquiring company (if it’s a stock deal) at a valuation subject to a cap.

article thumbnail

Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

How They Do It: Aggregate data from travel data warehouses like ITA as well as indexing travel providers websites, provide this information to consumers in a highly customizable search engine. One can infer valuations based on per share prices of preferred stock and oustanding common shares (~5.3M Founding Date: 2004.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WHAT ARE SUPER PRO RATA RIGHTS?

Scott Edward Walker

For example, if an investor owns 20% of the equity of a startup on a fully-diluted basis following the closing of a Series A round, it will have the right to purchase 20% of the shares of the preferred stock issued in the subsequent Series B round.

article thumbnail

Is convertible debt with a price cap really the best financing structure?

Startup Company Lawyer

A logical alternative to convertible debt is a priced Series A preferred stock financing. Mark Suster does a good job analyzing whether convertible debt is preferable to equity , and concludes that convertible debt is better. This leads me to believe that there is a mini-bubble in the early stage financing universe.

article thumbnail

Startup Resources

www.vccafe.com

GetSatisfaction - conversations between companies / customers. aggregation. Preferred Stock Purchase Agreement. online subscription management. FeeFighters â?? find the cheapest credit card processors. Customer Support. support, knowledgebase tool for your site. SnapEngage â?? live chat integrates with your apps.