Monthly Archives: October 2011
Seed Convertible Debt: Thoughts on the Default Conversion Price
Convertible debt financing structures, with or without equity kickers, are a popular choice for many seed stage entrepreneurs and investors. (Disclaimer: this blog is about first money in seed investments, and not about the many other situations where convertible debt … Continue reading
Steve Jobs: Concept Precedes Design
Among the many tributes to Steve Jobs on his passing, perhaps the most common theme is the man’s prowess as a designer. And, indeed, from the Mac to the iPod to the iPhone to the iPad (if not so much … Continue reading
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