Glossary

Glossary

Term Book Chapter Definition
Down Round Angel Investing: Convertible Notes Chapter 10: Case Studies and Real-World Examples A financing round where investors purchase stock or convertible notes from a company at a lower valuation than the valuation placed upon the company by earlier investors. Provisions may be included in convertible notes to accelerate the conversion price i
Down Round Angel Investing: Convertible Notes Chapter 1: Introduction to Convertible NotesConvertible notes are a type of debt instrument that combines features of both debt and equity. They are commonly used in startup financing and can be an attractive option for investors due to their flexibility A financing round where investors purchase shares from a company at a lower valuation than the valuation set during earlier funding rounds. In the context of convertible notes, some issuers may include provisions that allow for the acceleration of the con