financing – JAB Ventures

Should the interest on convertible notes be paid in cash in some cases?

When startups raise capital from outside investors, one financial structure commonly used is called a convertible (promissory) note. There are several motivations for startups & investors to use this arrangement. One thing is coming back to bite me, though, and makes me wonder if the terms of it ought to change in common use: conversion of the interest intoContinue reading “Should the interest on convertible notes be paid in cash in some cases?”

Managing seed / angel to Series A

Angel investors have been around for a long time. But starting 2-4 years ago, the growth in wealth of successful entrepreneurs & investors means angels are proliferating at a geometric rate. They’ve also been able to become more organized, with angel groups like the Common Angels, and angel investor products like Angel List. At the same time,Continue reading “Managing seed / angel to Series A”