Oct 15, 2012 ยท 0 minutes

[youtube http://www.youtube.com/watch?v=LTP4W-0xigg]

Many startups are forgoing traditional seed funding in favor of convertible notes, loans which convert into stock after a company goes through its next round of funding. But are convertible notes good for startups? Are they good for investors? The Explainer Music team breaks it all down in its latest video.