Why many early stage investors prefer convertible notes
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Why many early stage investors prefer convertible notes 1:35 min
Stephen Gugu is co-founder and director at ViKtoria Ventures. Through Viktoria Stephen has made several investments and assisted angel investors in Kenya access and make investments. He has consulted widely for early stage innovative businesses training over 400 entrepreneurs, and assisted them in fundraising and deal structuring. In this capacity Stephen acts as the academic director for the private equity and venture capital program in the business school.
The reason I like convertible notes for investment, is probably three points. I think the first one is about the speed by which you can do a deal.
So generally, if you’re doing an equity deal, you need to do evaluation, which you need to agree on with entrepreneur. You need to disburse the funding. You need to get those registered in the company registry, depending on where you are from… Sign in to continue