Startups are better served by issuing convertible notes to seed investors, not equity. In other words, the investors loan money to the startup, which would automatically convert into equity in the first professional (the “Series A”) round of financing.
Startups are better served by issuing convertible notes to seed investors, not equity. In other words, the investors loan money to the startup, which would automatically convert into equity in the first professional (the “Series A”) round of financing.
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