Convertible Note - The Diigo Meta page

• 22 Sep 10
  

  cw liang
• 09 Feb 09
  

  xjs123
• 30 Oct 07
  

  funding

  • convert the total amount of the note into equity when an institutional investor (such as a Venture Capitalist) makes an investment. 
  • The cost of borrowing is lower for the seller, with convertable notes, since the buyer has the option of converting it into stock. 
  • onvertable notes are a way for companies to raise capital without having to use their assets or give up ownership in their company.

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