The Practising Law Institute hosted Dror Futter of SorinRand and me for a webinar last week on “Before Series A – Convertible Note and Series Seed Funding for Startups”. I’ve embedded the slide deck below, and you can listen to the webinar ($129) here. (Dror is a lawyer and I’m not, so you can imagine who did all of the work of preparing this webinar. I was there just to provide the business perspective.)
If you prefer reading over listening, I suggest review these pertinent articles:
Convertible Notes: great cars, bad vehicles (by John Frankel, Founder, ff Venture Capital)
Considering Convertible Debt? Don’t Sell Yourself Short
Why Convertible Notes Are Sometimes Terrible For Startups
Convertible Note Seed Financings: Founders Beware!
Photo credit: 500px.