Great article! Looking to possibly use the convertible note or SAFE route in my newest venture. Question: let’s say I have a startup and sign a convertible note with a sole source investor for $1 million dollars. What happens if/when my company catches the unicorn and hits profitability without needing a Series A round of funding?
Michael Holmes
Great article! Looking to possibly use the convertible note or SAFE route in my newest venture. Question: let’s say I have a startup and sign a convertible note with a sole source investor for $1 million dollars. What happens if/when my company catches the unicorn and hits profitability without needing a Series A round of funding?
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