convertible note

We need to destigmatize down rounds in 2023

A new year is upon us, and with it comes uncertain, and uncomfortable, market conditions. Here's why a down round could make sense for your startup.

Interim rate of return: A better approach to valuing early-stage startups

The interim rate of return method allows convertible instruments to get back to basics, avoiding discussions of early-stage value.

Are convertible notes the right way to fund your startup?

If an early-stage startup is ready to raise money but its valuation hasn't been established yet, a convertible note can serve as a good fundraising option.

Ali Partovi has a new accelerator promising to connect founders with star engineers

Ali Partovi prides himself on the many relationships he has built throughout Silicon Valley as a highly successful entrepreneur and investor. For example, two years ago, Partovi launched a program thr

Why convertible notes are safer than SAFEs

As the saying goes, where you stand on an issue often rests on where you sit. Translated into startup law and finance, your views on how to approach fundraising are often heavily influenced by where y

Practice safe financing

The convertible note is a useful and common financing structure in Silicon Valley. It's a form of debt that is really more a type of equity -- one where the valuation hasn't been determined yet. It's