Does anyone have a valuation model spreadsheet that accounts for multiple rounds of convertible note financing, and purposed towards a Series A conversation ?
As a founder, I have tried searching for these but never managed to find one.
I'm not sure if it is an India thing, where investors actively discourage convertible notes because of the availability of several pounds of equity flesh in exchange for angel stage funding.
As a founder, I have tried searching for these but never managed to find one.
I'm not sure if it is an India thing, where investors actively discourage convertible notes because of the availability of several pounds of equity flesh in exchange for angel stage funding.