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February 9, 2020 10:35 pm GMT

More cash-crunched companies turn to convertible notes

Convertible notes are not just for early stage startups any more. These promissory notes, which are structured as debt that convert into equity upon a specific event such as a certain date or the closing of a priced investment round, are increasingly being adopted by established companies that have already raised millions of dollars in […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rqpTjGlEnYs/

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