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On PGs Talk: Super Angels Selling Fast

6 点作者 colinsidoti超过 14 年前
My understanding of convertible notes is a little iffy, so excuse me if I'm completely off base. But if it's a super angels goal for a company to sell fast, wouldn't the company also need to be profiting fast? And if it's profiting fast, wouldn't the company be able to pay off its interest, and therefore the super angel would never get any equity?

1 comment

pg超过 14 年前
Convertible notes are only technically debt. They work like equity in an acquisition.
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