Comment on Ask HN: Can someone explain the Yuri/Conway-YC Deal?Comments−davidblerner15yapparently it's $150k per startup in a convertible note with no dividend and no cap... sweet deal for any entrepreneur....−HackrNwsDesignrOP15ycan you explain 'convertible note' and 'no dividend' 'no cap'
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apparently it's $150k per startup in a convertible note with no dividend and no cap... sweet deal for any entrepreneur....
can you explain 'convertible note' and 'no dividend' 'no cap'