The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand
Mark Suster
1609

Mark — thanks for outlining some of the complexities in this seemingly simple “debt” instrument. IMO — The details are often avoided / glossed over to the detriment of inexperienced / unsophisticated Founders and investors alike.

Here’s a post I wrote on some things to know as your note is approaching maturity.

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