Family Office Podcast: Billionaire & Centimillionaire Interviews & Investor Club Insights cover image

Creative investment structures: Co-GP, Seed, Anchor investor, JV & Other Innovative Approaches to Closing Better Deals

Family Office Podcast: Billionaire & Centimillionaire Interviews & Investor Club Insights

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The Safety of Convertible Notes

In the West Coast, you can walk into certain cafes at a certain time of the day and by lunchtime end up with money. You can't do that in the East Coast. It's a big country and we're still different. The problem is when you take a regular convertible note and you begin to put in all the investor protections into it, at that point it becomes almost a priced round type of document. So, might as well have a priced round if you can. Here we care a lot about the details.

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