How Convertible Debt Works
Convertible debt is a type of security frequently issued by startups when raising seed capital. With convertible debt, the startup issues the seed investor a promissory note, for the investment amount,...
View ArticleHow to Set Conversion Discounts in Convertible Notes
Convertible promissory notes do not include a stated pre-money valuation. Instead, the convertible note seed investor and startup agree that the pre-money valuation for the convertible note investment...
View ArticleTechWildcatters Launches Dallas Microseed Fund
TechWildcatters is a mentorship-driven microseed fund and startup accelerator that just launched in Dallas, Texas. TechWildcatters is now accepting applications for their first 12-week accelerator...
View ArticleMentorship over Money (and Office Space)
With the success of Y Combinator and TechStars, several incubators (sometimes referred to as “accelerators”) have popped up everywhere. Some have done quite well. Here in Dallas,Tech Wildcatters had a...
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