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A comment on I am a junior angel in Silicon Valley. AMA. Parent comment

Re:I am a junior angel in Silicon Valley. AMA by budu3 on Tuesday May 18, 2010 @10:57AM (#1357645)
Are you saying that you're not a fan of convertible debt?
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Re:I am a junior angel in Silicon Valley. AMA by joshu on Tuesday May 18, 2010 @11:51AM (#1357881)
Definitely not. I'm investing now, let me price it now.

I've noticed that both very hot and very cold deals are debt. Hot because they can demand it, and cold because they can't scrape a real round together.

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