Re:Average Discount Rates for Convertible Notes
by david_bonilla on Wednesday November 23, 2016 @07:31AM
(#13022119)
Interesting.
We are negotiating our own SAFE deal (a replacement for Convertible Notes) and VCs told us that average discount rate is 20% but I guess it depends on the team/startup.
It's pretty close to your 24,5% median and it validates your data.
We are negotiating our own SAFE deal (a replacement for Convertible Notes) and VCs told us that average discount rate is 20% but I guess it depends on the team/startup.
It's pretty close to your 24,5% median and it validates your data.