Sentences with phrase «investors in that subsequent round»

The convertible note discount rate allows investors to convert the amount of their loan, plus accrued interest, into equity at a reduced price relative to the investors in that subsequent round.

Not exact matches

The challenge is that in order to land an initial and subsequent rounds of venture capital investment, investors (particularly east coast VCs), want to see evidence of market traction in the form of product sales and revenue before they'll get behind an idea.

Investors in the first phase of Telegram's ICO were invited to take part in a «subsequent round» of token sales in an email sent Jan. 15 by John Hyman, who is listed as Telegram's chief investment adviser on earlier offering documents.

Traditional venture investors average up their cost basis in a company and «protect» their ownership over time by investing in subsequent rounds.

This was conceived as a way for angel investors to invest with some protection against the terms and pricing negotiated with traditional venture funds in the subsequent rounds.