Draft Convertible Note in Delaware for Business Supplies & Equipment Business
Draft
Convertible Note
Delaware
Business
Business Supplies & Equipment
Less than a week
$800 - $1000 (Flat fee)
3 bids
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Managing Member
40 years practicing
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Convertible Note
New York
Do startups use convertible notes?
I am working to figure out what I should use for a group of investors I am speaking to about my startup. We're a technology company that is very early on. We want to raise a bit of money so we can further develop our software and pay the founders.
Ramsey T.
Start-ups do raise capital through the use of Convertible Notes. Convertible Notes are starting to fade as the preferred sort of convertible instrument for start-ups and as SAFES become more prevalent. Convertible Notes are still quite common in more "traditional" start-up industries, such as those that involve real estate, manufacturing and other legacy industries.