Convertible Debt
topic on 2 shows · 5 statements across 5 episodes
5 statements about Convertible Debt, every show
Reck: GetYourGuide raised $100M in convertible debt during COVID
“We raised some convertible debt. On top, we raised roughly a hundred million, both from existing and some new investors.”
Ganapathy: Move Easy recently raised $700k in convertible debt
“No, so we just raised about 700,000 dollars.”
Dan Scheinman prefers priced rounds and SAFEs over convertible debt
“So my ideal preference is to do a price round. My second preference is to do effectively a safe. My dislike is of the convertible debt. I think it's ultimately, it's a lose-lose for both sides when things don't go so well.”
Hutchins: SAFEs and convertible notes create distracting fundraising loops for founders
“Safes, convertible debt, they're all kind of based on future guesses. You kind of figure out the dilution later. It allows for this continual raising process that, you know, I know YC's talked a lot about that I think can be a huge distraction.”