Re:Convertible and SAFE notes
by sandGorgon on Sunday March 12, 2017 @11:51PM
(#13855103)
>Not wasting time debating "valuation"
+100 on this. This is particularly problematic in India where most early stage investing is priced. The opportunity to bully founders to accept weird valuation terms is limitless.
notes are a trade-off of current capped valuation for future capped dilution. Guess which one gets misused by investors ?
+100 on this. This is particularly problematic in India where most early stage investing is priced. The opportunity to bully founders to accept weird valuation terms is limitless.
notes are a trade-off of current capped valuation for future capped dilution. Guess which one gets misused by investors ?