PandoHouse Rock: Convertible Notes Explained

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.

10 Comments on “PandoHouse Rock: Convertible Notes Explained”

  1. I had to watch it twice. Its contents holds what you need to clear up your mind from doubts.

  2. Nice video, but it's not like you're being chased. Go slow please…you are way too fast. I found myself having to re-watch the video several times to get the hang of it!

  3. Nice!! Great explanation, but when should a company report a profit/loss for convertible note changes in value??

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