Hacker News new | ask | show | jobs
by matponta 4574 days ago
Love the "fast" approach!

Now, it only it was a convertible note, possibly discounted but a convertible note...

1 comments

Why?
Variability on the initial maturity of the startup, mostly.

Reduction of adverse selection on your side, also.

Based on your historic numbers, would it be a significant cap on your upside?

To get the potential of a better than $1m valuation is my guess.