#convertible-notes

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fromBitcoin Magazine
1 week ago

GameStop Raising $450 Million From Convertible Senior Notes To Make Investments

"In connection with the Greenshoe Exercise, the Company received gross proceeds of $450 million and net proceeds... of approximately $446.6 million ... to use for general corporate purposes, including making investments in a manner consistent with the Company's Investment Policy."
Cryptocurrency
fromHackernoon
1 month ago

They Thought the Investor Was Buying Equity. He Wasn't. | HackerNoon

In the startup ecosystem, we talk a lot about raising money. But not enough about what's actually being sold.
Startup companies
fromresund Startups
3 months ago

How do discounts in convertible securities work? And how do they affect the next round?

This new investor will almost certainly ask that their post investment ownership is equal to investment/(pre-money valuation + new investment), or in other words that existing convertibles are included in the pre-money valuation.
Startup companies
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