The valuation of a company is the pre-money valuation of the round which converts the convertible debt, usually a Series A. A valuation cap is the maximum valuation an investor will convert their investment into shares.
Accredited Investor
Annual Recurring Revenue (ARR)
Burn rate
Cap Table
Carried Interest
Common Stock
Company Stages
Company Valuation vs. Valuation Cap
Convertible Note
Crowd Note
The valuation of a company is the pre-money valuation of the round which converts the convertible debt, usually a Series A. A valuation cap is the maximum valuation an investor will convert their investment into shares.