There's this: https://beehivestartups.com/blog/what-convertible-note-and-how-does-it-work/
Best, Gabe (disclaimer about spelling errors, grammar, punctuation etc. --sent from my mobile phone) On Nov 20, 2014 12:18 PM, "Daniel" <[email protected]> wrote: > In response to the "convertible note" I looked it up and they are offering > a bond (they give you money with an expectation you pay them back), but > instead of you paying the bond back in money they want ownership in the > company. > > On Wed, Nov 19, 2014 at 9:57 AM, Tod Hansmann <[email protected]> > wrote: > > > On Wed, Nov 19, 2014 at 12:16 AM, Gabriel Gunderson <[email protected]> > > wrote: > > > > > > > > There will be a *ton* of entries from biz types (you know, slick hair > > > and crisp shoes). Personally, I'd love to see that money go to a PLUG > > > member with real technical skills (you know, partially bald and Crocks > > > with socks). Heh. > > > > > > Let me know if you have any Qs. Good luck friends! > > > > > > <https://startslc.com/pitch/> > > > > > > > > 1) Do you have to wear Crocs? > > 2) It seems like they want to know about cofounders and stuff. You're > > pitching this as "just an idea." Where's the line actually drawn? > > 3) What does "Entrepreneur friendly, no cap, no discount, convertible > note" > > mean? > > > > -Tod Hansmann > > > > /* > > PLUG: http://plug.org, #utah on irc.freenode.net > > Unsubscribe: http://plug.org/mailman/options/plug > > Don't fear the penguin. > > */ > > > > /* > PLUG: http://plug.org, #utah on irc.freenode.net > Unsubscribe: http://plug.org/mailman/options/plug > Don't fear the penguin. > */ > /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
