E142: Convertible Notes and Responding to Criticism

E142: In this three-part episode: - David updates listeners on venture for the week. (Angel investing is not what it used to be!) - David & Paul have a detailed review about Convertible Notes: what they are, why they are used, the benefits and risks for founders and investors, and when they work the best. - then to wrap up Paul outlines and rebuts some recent complaints about early stage investors in the southeast, revealing his addiction to LinkedIn complaining (recorded 10/24/24) For anyone interested in the data underlying some of the more controverial discussion, source material is here: - ACA"s 2023 Angel Funders Report - https://publuu.com/flip-book/37288/751879/ - ARI"s 2022 Halo report - https://angelresourceinstitute.org/research/report.php?report=121&name=2022%20ARI%20HALO%20Report.php - The Center for Venture Research - including the 2023 report - https://paulcollege.unh.edu/sites/default/files/media/2024-07/2023-full-year-analysis-report-final.pdf - The VentureSouth blog, especially the series examining SSRN papers - https://www.venturesouth.vc/resources?type=all&term=ssrn Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. Follow Paul on LinkedIn or reach out to Paul on Twitter/X @PalmettoAngel We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc.