Convertible Equity-An Idea Whose Time Has Come

In my last company, Advanced Diamond Technologies, there was a time between equity financing rounds when we needed bridge financing. This is very common among young companies. I don’t recall now the circumstances under which we needed to raise money quickly, but it has always been the accepted wisdom that if you need to raise money quickly, use a Convertible Note.

Neil Kane

Full Story: http://beliefwithoutevidence.com/2012/10/16/convertible-equity-an-idea-whose-time-has-come/