Convertible Debt: Worst Form Of Seed Financing — Except For All The Others
Gust
SEPTEMBER 5, 2012
How to finance a new seed-stage startup? Convertible debt? Convertible equity? As of August 2010, Paul Graham famously proclaimed , “Convertible notes have won. Every investment so far in this YC batch (and there have been a lot) has been done on a convertible note.”
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