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Angellist
PEOPLEMy understanding in laymans terms: Equity = you get a piece of the company Convertible debt= a bond that can be converted into equity at a later date (if certain contingencies are met) Funding via convertible debt is useful for startups for several reasons: Valuation - It is very difficult to...- Josh
- Post #4
- Forum: Managing People, Relationships
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Automatic Forex Trading - Where Is The Catch?
INVESTINGAre you familiar with Nassim Taleb's Black Swan theory. Basically this system will work until it doesn't. You could make steady profit for weeks/months/years with the appearance of low risk however there is immense hidden risk and the system could blow up to a black swan at any time. You could...- Josh
- Post #6
- Forum: Investing, Crypto, Personal Finance
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