Pando

PandoHouse Rock -- Convertible Notes, Explained

By David Holmes , written on October 15, 2012

Published to the News desk.

Many startups are forgoing traditional seed funding in favor of convertible notes, loans which convert into stock after a company goes through its next round of funding. But are convertible notes good for startups? Are they good for investors? The Explainer Music team breaks it all down in its latest video.