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Convertible Note Agreement Sample  Form

Convertible Note Agreement Sample Form

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Instructions and help about Convertible Note Agreement Sample

[Music] okay so we win over shares now let's talk about the other kinds of ownership rights you might run into common shares and preferred Shares are examples of equity where the share price gets determined at the time the shares are granted when you incorporate you might authorize the issuing of 10 million shares but right now you're at the earliest stage of your company right at this stage a lot of Founders don't know how much their company is worth maybe there's no Revenue yet maybe there's no product yet for whatever reason they just might not be ready to say what their share price is problem is they still might need to raise money in order to get their business up and running so how do you raise money and give shares to investors when you don't actually know the price of one share of your company say hello to the third type of asset you'll probably have on your cap table a convertible instrument convertible instrument sounds

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