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Are convertible notes the right way to fund your startup?
IT起業ニュースJulie Gionfriddo
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Julie Gionfriddo is director of advisory services at accounting and advisory firm Fiondella, Milone & LaSaracina LLP. Prior to joining FML CPAs, Julie spent nearly 20 years at PE and VC firms rising to the level of principal.
If an early-stage startup is ready to raise money but its valuation hasn’t been established yet, a convertible note can serve as a good fundraising option.
A convertible note is a debt instrument that typically converts into equity at a later date. I
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