Comment on Ask HN: valuing a non-existent companyComments−ksvs17yWhy not skirt the question and take the funding on a convertible note?−andrewljohnson17yExactly.I think a reasonable deal is a 30% discount, ~5% interest, and a big bonus if there's never a valuation.
Comments
Why not skirt the question and take the funding on a convertible note?
Exactly.
I think a reasonable deal is a 30% discount, ~5% interest, and a big bonus if there's never a valuation.