Convertible note
A form of short-term debt that converts into equity in future financing rounds, accounting for 20% of total angel capital in 2023.
Source: Business angel investing in Finland 2023: Key statistics on investments, exits and investor profiles (FiBAN - Finnish Business Angels Network) · p.7
Reports that mention Convertible note
- Angel Investment Report 2024FiBAN - Finnish Business Angels Network
- Early-Stage Venture FinancingCreative Destruction Lab
- Michigan Angel Activity 2020 Annual Research ReportMichigan Angel Fund
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