The convertible loan has established itself in the market among startups as well as investors as an alternative to classic business angel or venture capital investments, especially for early-stage financing. In addition, the so-called SAFE (Simple Agreement for Future Equity) is also occasionally brought into play as an alternative.
Dr. Martin Sundermann & Dr. Felix Dörrenbächer from Osborne Clarke will answer the following questions during the tutorial:
- What is a convertible loan and how does it compare to other types of startup financing?
- What are the advantages and disadvantages of a convertible loan compared to a direct investment?
- In which scenarios has the convertible loan proven successful in practice?
- What are the most important terms in a convertible loan agreement and what needs to be considered?
- How does the conversion work and what must be taken into account when “converting”?
- Does a convertible loan affect subsequent investments?
- What are the differences between a convertible loan and a SAFE?
Speakers:
Dr. Martin Sundermann & Dr. Felix Dörrenbächer | Osborne Clarke, Munich
+++ Please note +++
The tutorial will not be recorded.
