Re:Should you raise debt or equity?
by nivi on Tuesday May 01, 2007 @04:12PM
(#18487)
The article discusses convertible debt.
Even convertible debt can be dangerous if you don't raise a Series A before the debt comes due. The solution is to negotiate the right to convert the debt to equity at the company's option if the Series A doesn't occur before the debt comes due. We'll discuss this in an upcoming hack.
Even convertible debt can be dangerous if you don't raise a Series A before the debt comes due. The solution is to negotiate the right to convert the debt to equity at the company's option if the Series A doesn't occur before the debt comes due. We'll discuss this in an upcoming hack.