Everything You Ever Wanted To Know About Convertible Note Seed Financings (But Were Afraid To Ask)

Everything You Ever Wanted To Know About Convertible Note Seed Financings (But Were Afraid To Ask)

This post is the first part of a three-part primer on convertible note seed financings. It will address basic questions, such as (i) what is a convertible note? (ii) why are convertible notes issued instead of shares of common or preferred stock? and (iii) what are the advantages of issuing convertible notes?