VDR Ch. 8: Convertible Debt
Office Hours is our podcast covering general issues related to small businesses and startups. Venture Deals Review is a series of Office Hours episodes discussing the book Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson.
In this episode, we review Chapter 8: “Convertible Debt” and discuss the pros and cons of using convertible debt from both an investor and company perspective, the three different scenarios that will cause a conversion, and when you should and shouldn’t use KISS or SAFE agreements.
- Terms Sheets 101: Convertible Debt vs. Equity
- VW Venture Deals Audit 2016
- Liquidation Preferences and Convertible Notes