What are some common terms used by angel investors?
Common terms include equity, convertible note, valuation, and due diligence. Would you like to know more about any specific term?
Can you explain what equity means in this context?
Equity refers to ownership in a company. When an angel investor provides funding, they often receive equity in return, meaning they own a percentage of the business.
What is a convertible note?
A convertible note is a type of short-term debt that converts into equity, typically during a future financing round. It allows investors to loan money to a startup with the option to convert that loan into shares later.
What does due diligence involve?
Due diligence is the process of investigating a business before making an investment. It includes reviewing financial records, business plans, and market potential to assess risks and opportunities.
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