Fred Wilson personal blog
Convertible and SAFE notes
Angel/seed rounds used to be done via priced equity securities, either common or preferred. Then, starting about ten years ago, we started to see convertible debt being used in the angel and seed rounds. By 2010 this was the norm and Paul Graham tweeted this in Aug 2010: Convertible notes have won. Every investment so…
- Points
- 108
- HN comments
- 44
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- 1
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- 0 commenters
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Mar 12, 2017 | Convertible and SAFE notes by ikeboy | 108 | 44 |