AnswersOctober 20, 2017What is “Convertible Debt” during VC fund raising? Convertible Debt is a debt obligation of a corporation that changes into stock upon the next funding round or becomes due as the result of maturity or other defined event. Source: The Startup Dictionary | LawTrades Legal is hard. Let’s tackle it together. Speak to one of our Legal Pros and discover how we can help. Previous What is due diligence? Next What is crowdfunding? You may like these too Should a seed investor for a startup be given the right of first refusal to purchase 100% of all money raised in the future? October 18, 2017 What is the best way to get a US Green card while working in the the United States on a L1 Visa? March 29, 2017 Does a Non-U.S. Citizen Need an ITIN to Obtain an EIN for a Company? December 27, 2016 How do I decide on compensation for myself in my own startup? November 11, 2017 How can I know if my app is at risk for patent infringement? November 3, 2017 What is the cheapest way to file a trademark in the us? September 27, 2017 How To Prevent Legal Issues That Arise from Actions of Users? December 21, 2016 Comment There is no comment on this post. Be the first one. Leave a comment or Cancel Reply Name* Email* Website Save my name, email, and website in this browser for the next time I comment.