Tags: techcrunch, venture, wsgr, ycomb
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Posts Tagged ‘venture’
Convertible Note Form for TechCrunch post comment
Posted by Scott Rafer
- August 14, 2008 at 6:49 am PST
In response to this TechCrunch post on the Y Combinator equity docs, I left this comment:
A few notes:
1. Seed-stage deals that first sell equity aren’t doing themselves any favors. We work hard to always do fair convertible debt, which is much cheaper from a legal perspective, much more founder friendly, and preserves stealth mode [...]
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