Is it really true that no-cap is the new norm? Are these institutional seed funds doing no cap convertible note deals? Anyone?
I thought it was the other way around, that 5-10 years ago you could get no cap but now everyone wants it priced. Especially if the round is a big one.
I thought it was the other way around, that 5-10 years ago you could get no cap but now everyone wants it priced. Especially if the round is a big one.