A non-debt convertible security is basically SAFE Note. The “non-debt” part sounds safe, but let’s break that down even further. It will eventually convert into equity or something of value, in a future investment round. Even simpler still: an investor is betting on the future potential of the company. SAFE notes exists as one option in a range of options between debt and a publicly traded stock price. Lastly, to know more, contact Entrepreneurs Collective.
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