Mastery card
I can explain Convertible Note
A loan that usually converts into equity later.
A convertible note is short-term debt that is designed to convert into equity, usually at the next financing round.
Sticky trick
Convertible note = debt with a 'turn into shares' button.
Take into the room
A convertible note usually starts as…
Or open the share card 🔁
Or start your own 5-word trail from home.