Julia has been signing a few of those so called convertible note agreements for the fund investments with SSE Ventures and Andreas has seen a few other versions of convertible notes fly by at the office. 

They end up speaking about when a convertible note is better to use than an equity round, what terms and benchmarks are for a pre-seed convertible and why the NICE (Neat Instrument for Convertible Equity) is the new WISE (Warrants for Investment in Startup Equity). 

Company of the week: Polytope

Other resources mentioned: StartupTools

Hosted by Julia Delin & Andreas Johansson

Edited by Victor Ganguly

Responsible publisher: Lars Strannegård