The reason convertible notes allow more flexibility in price is that valuation caps aren't [...] , and notes are cheap and easy to do.
Answer
The reason convertible notes allow more flexibility in price is that valuation caps aren't actual valuations, and notes are cheap and easy to do.
Question
The reason convertible notes allow more flexibility in price is that valuation caps aren't [...] , and notes are cheap and easy to do.
Answer
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Question
The reason convertible notes allow more flexibility in price is that valuation caps aren't [...] , and notes are cheap and easy to do.
Answer
The reason convertible notes allow more flexibility in price is that valuation caps aren't actual valuations, and notes are cheap and easy to do.
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High Resolution Fundraising aluations. Which they deserve because they're taking more risk. It's much safer to invest in a startup Ron Conway has already invested in; someone who comes after him should pay a higher price. <span>The reason convertible notes allow more flexibility in price is that valuation caps aren't actual valuations, and notes are cheap and easy to do. So you can do high-resolution fundraising: if you wanted you could have a separate note with a different cap for each investor. That cap need not simply rise monotonically. A startup co
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