convertible debt
Venture
Why and when startups should look to diverse sources of capital
7:47 am PDT • October 3, 2021
Venture capital is a popular source of capital for early-stage startups, but it’s not the only one. Debt is an increasingly popular alternative, as is non-dilutive, revenue-based financing.
Convertible notes are not just for early-stage startups any more. These promissory notes, which are structured as debt that convert into equity upon a specific event like a certain date…