https://illinoispartners.com/2012/10/16/convertible-equity-an-idea-whose-time-has-come/ Helping Entrepreneurs. Helping Investors. Wed, 18 Dec 2013 20:00:22 +0000 hourly 1 https://wordpress.org/?v=7.1 https://illinoispartners.com/2012/10/16/convertible-equity-an-idea-whose-time-has-come/#comment-35 Wed, 18 Dec 2013 20:00:22 +0000 http://beliefwithoutevidence.com/?p=405#comment-35 […] written before about the merits of convertible equity for the startup. Recently, I heard about companies that took convertible notes as bridge loans, so […]

]]> https://illinoispartners.com/2012/10/16/convertible-equity-an-idea-whose-time-has-come/#comment-34 Mon, 19 Nov 2012 20:17:27 +0000 http://beliefwithoutevidence.com/?p=405#comment-34 Like it; I’m structuring a raise at the moment and outstanding convertible debt is scary for the investors as it leaves an operational cash flow hit / foreclosure risk on the cards if there isn’t a Series A before the note matures. This alternative makes a lot of sense – IF you’ve who’s prepared to swap debt’s downside protection for some sort of discounted equity participation.

]]> https://illinoispartners.com/2012/10/16/convertible-equity-an-idea-whose-time-has-come/#comment-33 Fri, 26 Oct 2012 18:30:35 +0000 http://beliefwithoutevidence.com/?p=405#comment-33 Great post. I always get confused about the different types of funding vehicles for early stage companies and I appreciate they way you can simplify everything. Keep up the good work.

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