Better funding alternatives for startups…

Better funding alternatives for startups…

Great article by Paul Graham on why “Fixed-size, multi-investor angel rounds are such a bad idea for startups”. Convertible notes are easy and inexpensive for early stage startups… historically the alternative was to set a fixed price (guess) and round and take multiple angels.

The problem was that the early Angels take the risk and the later ones benefit…

Read the article for another solution…

 

 

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