Convertible Debt

As a “foolish” seed-stage investor I often find myself investing in convertible debt instead of a priced, preferred equity purchase (which are more generally used by angels groups and venture capitalists). I have learned some of the ins and out and “gotchas” of these, so I often speak about them at events for The Capital Network and others.

http://www.slideshare.net/benlittauer1/convertible-debt-35273479 is a simplified presentation that contains a couple of examples.

Copyright 1997-2017, Ben Littauer