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Convertible debt financing continues to be an enormously popular method of fundraising for startups in their earliest stages.
In this report, released publicly for the first time, Fenwick has analyzed more than 100 of our issuer-side convertible debt transactions covering a 15-month period from Jan. 1, 2017 through March 31, 2018. The data includes a survey of terms for first money and both early- and late-stage bridge deals.
It provides insight into what is market in convertible debt terms and will be of interest to founders, board members and investors.
View the full survey: