The maximum company valuation at which a convertible note will convert into a company’s stock.7

Related Terms

Valuation | Convertible Preferred Stock | Series A Preferred Stock

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Tony Lettich

Tony Lettich has previous Business Analysis, Business Valuation, M&A, and Venture Capital experience and currently serves as the Managing Director of The Angel Roundtable and a Partner in Sheehan, Lettich M&A Advisory. He is also a co-founder of FundingSage, which provides valuable information, tools and resources to entrepreneurs seeking to launch and build startups.