Convertible notes are a type of short-term debt that converts into equity, typically in conjunction with a future financing round. In the context of the Cap Table template, they are used to represent a form of investment that can change the ownership structure of the company. They are incorporated into the template's breakdown of investment rounds, showing how they can contribute to the evolution of control between investors and founders.
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Ever wondered why some companies stay under the control of their founders, while others shift into the hands of their investors? Our Cap Table Templat...
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To explore how you can establish a founder-first company, we will use a template we've created for you. This tool visualizes how a company's control changes over time through a Timeline tab. You'll also find a Dashboard in the template that shows the evolution of ownership structure between investors and founders. The template breaks down investment rounds from Pre-seed to Series C and incorporates a variety of investment tools, including SAFE notes and Convertible notes.