TechCrunch+ roundup: Convertible note fundraising, fintech’s falloff, how to mark-to-market

Everyone loves an underdog, which is why investors and tech journalists are so fond of discussing startups that launched during the Great Recession of 2008, like Airbnb, Uber, WhatsApp, Mailchimp, Square and Venmo.
It’s possible that your pre-seed, pre-revenue startup could similarly defy gravity, but in July 2022, it’s going to be difficult to find many investors who want to bet on a company with no traction.
If your company is too nascent to be valued, convertible notes might be a viable way to secure early financing. Basically short-term debt that converts into equity, these not

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