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Season 2, Episode 2: Raising a Seed Round with Against Gravity CEO Nick Fajt
Acquired
The Convertible Note - Is It a Convertible Note or a Debt That Converts Into Equity?
When you're in super early stage start ups and seed rounds, you could raise traditional equity. When you start into bigger rounds, you kind of need to do but you can also raise smaller amounts with convertible notes. And a nice feature of them is that you can continually add people to it on the same terms as others. You don't need to have a close of the round....
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