A first-time founder’s guide to term sheets: What’s a convertible loan?
Feb01
Andrej Kiska is an Associate at Credo Ventures. In the past five years, seed-stage investing has experienced a boom. In North America, seed funds now represent 67 percent of all VC funds, up from 33 percent in 2008. The CEE region is no different: according to European Private Equity and Venture Capital Association, the number of seed deals has increased 19x over the past four years. Even considering the fact that EVCA’s data is not fully comprehensive, since many investments are not announced at all or are not made by EVCA’s members, it still illustrates my point. Hand-in-hand with the rise in seed funding…
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