Remove Conversion Remove Distribution Remove Issued Shares Remove Startup
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Convertible Note Seed Financings: Founders Beware!

Scott Edward Walker

This part will address certain tricky issues. What Happens If a Startup is Acquired Prior to the Note’s Conversion to Shares of Preferred Stock? The first approach is the most founder-friendly, and it is a provision that merely requires the startup to pay-off the loan, plus interest.

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