The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

13. The Convertible Note (Bill Payne)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

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The Use of Escrow and Importance of Closing in Investments

Discussion on the use of escrow for investments, the importance of defining closing or early closing in term sheets, and the availability of information on convertible debt.

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