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Send Convertible Note Agreement Template via Email

Send Convertible Note Agreement Template via Email

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Aug 6th, 2022

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How to Send Convertible Note Agreement Template via Email

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Scott from Cruise Consulting discusses a sample convertible note agreement, emphasizing the importance of using a law firm's template for legal documentation. He highlights key elements of the agreement, including the amount, repayment terms, and valuation cap, which have been addressed in previous videos. Additionally, he notes the significance of whether the note converts into common or preferred shares, with institutional VCs typically preferring preferred shares. He encourages viewers to review the convertible note template for educational purposes, reinforcing that it provides valuable insights into the structure and terms of such agreements.

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