"Convertible notes have become an increasingly popular and common method for raising capital by startups, but how well do founders truly understand the implications of going down this route? In this article, Toptal Finance Expert Jeffrey Briggs lines the basics of convertible note structures, and runs through the pros and cons of using them to raise money for new entrepreneurial ventures."
Id say it was our best option at avoiding heavy dilution at current prices. The team knows what theyre doing they just have to battle the macro beast.
(20min delay)