Startup Terms Glossary
What is a Convertible Note?
Convertible notes are short-term loans that convert to equity. Noteholders generally receive interest payments in the form of equity ownership shares in place of scheduled payments. Startups rely upon convertible notes in their early funding stages for a seed round closing and later stages when they need to use bridge funding in between projects.
Convertible Note Examples
Examples of convertible note components include:
- Example 1. Maturity dates
- Example 2. Interest rates
- Example 3. Valuation caps
- Example 4. Conversion discounts
Here’s another web page about convertible notes.
Meet some of our Startup Lawyers
Patrick N.
Before attending law school, I had a prior career in business performance reporting. This experience differentiates me from other attorneys. I can readily read, interpret, and synthesize financial reporting. I also have a passion for legal research and writing.
Jonathan M.
Owner and operator of Meek Law Firm, PC. Meek Law Firm provides comprehensive business law representation, precise and informed representation for real estate transactions in the commercial and residential markets of North and South Carolina and efficient succession and estate planning for business owners and individuals.
David A.
Graduated UF Law 1977. 40 years experience in Family Law/Divorce and Prenuptial Agreements. Rated "AV Preeminent" By Martindale Hubble, the oldest lawyer rating firm in the USA. Top 5% of attorneys in Florida as reviewed by Judges and other Lawyers (not client reviews). Personal prompt service and easy to contact--available 24/7. Good negotiator and very personable. My clients are my priority.
Wendy C.
My legal practice is focused on business transactions like general corporate matters, fundraising, technology contract negotiation, blockchain, crypto or token analysis, and others. I hope to be a good asset to you and looking forward to finding out how I can be of help!
January 18, 2023
Dayton M.
Business Law - Criminal Defense - Immigration
January 23, 2023
Charles K.
~ Charles Kramer - Technology, Contracts and Intellectual Property Attorney ~ www.linkedin.com/in/charleskramer I am a New York corporate and technology attorney. My experience includes: - representing high-tech companies (including software, military, manufacturing and computer game companies) in connection with negotiating and drafting (1) toolkit, enterprise, Saas, PaaS and other complex agreements and licenses with companies around the world; (2) joint-venture, sales, publishing and distribution agreements; and (3) general corporate agreements. - 5 years as General Counsel of a software company (and many more years representing it as outside counsel); - 3 years as an associate in the Wall Street law firm of Lord, Day & Lord (then the oldest law firm in New York City practicing under the same name); and - speaking at conferences on legal issues including at the annual Game Developers Conference and Miller Freeman's Digital Video Conference. I am comfortable working in areas where the technology -- and the related law -- are new. My recent work includes working as a contract attorney (extended on a month-by-month basis) as American counsel for a publicly traded Swiss industrial corporation with responsibility for drafting form contracts for its planned "industrial internet of things" digital services. Accordingly I am comfortable working in a corporate environment using modern collaboration tools. Charles Kramer (917) 512-2721 (voice, voicemail, text)
Find the best lawyer for your project
Browse Lawyers NowStartup lawyers by city
- Atlanta Startup Lawyers
- Austin Startup Lawyers
- Boston Startup Lawyers
- Chicago Startup Lawyers
- Dallas Startup Lawyers
- Denver Startup Lawyers
- Fort Lauderdale Startup Lawyers
- Houston Startup Lawyers
- Las Vegas Startup Lawyers
- Los Angeles Startup Lawyers
- Memphis Startup Lawyers
- Miami Startup Lawyers
- New York Startup Lawyers
- Oklahoma City Startup Lawyers
- Orlando Startup Lawyers
- Philadelphia Startup Lawyers
- Phoenix Startup Lawyers
- Richmond Startup Lawyers
- Salt Lake City Startup Lawyers
- San Antonio Startup Lawyers
- San Diego Startup Lawyers
- San Francisco Startup Lawyers
- Seattle Startup Lawyers
- Tampa Startup Lawyers
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
View Trustpilot ReviewContracts Counsel was incredibly helpful and easy to use. I submitted a project for a lawyer's help within a day I had received over 6 proposals from qualified lawyers. I submitted a bid that works best for my business and we went forward with the project.
View Trustpilot ReviewI never knew how difficult it was to obtain representation or a lawyer, and ContractsCounsel was EXACTLY the type of service I was hoping for when I was in a pinch. Working with their service was efficient, effective and made me feel in control. Thank you so much and should I ever need attorney services down the road, I'll certainly be a repeat customer.
View Trustpilot ReviewI got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.
View Trustpilot Review