Glossary

Glossary

Term Book Chapter Definition
Safety Net Provisions 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 Some convertible notes include safety net provisions, such as automatic conversion at certain milestones or in the event of a liquidity event.