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Convertibles: hassle-free legal solution to fundraising, by Legalstrasse | May 30 | Berlin

Welcome to the next chapter in our Legalstrasse series, here to empower entrepreneurs with legal know-how!
(Please make sure you sign up through this link to save your spot!)

Fundraising can be a long and painful legal process. But it doesn’t have to be.

 

For the past years, many startups have turned to convertible notes to finance their 1st round or bridge. Convertibles are a form of loan that automatically converts to equity at the next VC round, making the paperwork fast and effortless. It’s also a lot cheaper than hiring an army of lawyers to do a small equity round. But here’s the catch: you need a well-crafted doc to make it happen.
We’re now making it available for free to all startups in Germany!
We’ll be releasing a new legal template on Legalstrasse which any founder can use to raise convertible notes in a straightforward and founder-friendly way. Its author Daniel Streiff (Founder of Streiff Law) will present what it is, how it works and how to use it during this special event.
So is it for you? Let’s find out with a first-rate panel 😉
There’s been a lot of conversation in the venture community about the pros & cons of doing a convertible note. The truth is, it’s never a one-size-fits-all case.
We’ll follow with a panel discussion with Daniel Streiff, Filip Dames (Founding Partner @Cherry Ventures), Balthazar De Lavergne (Director @The Family), and Max Kersting, (Co-Founder @Harper, ex-@Room.me who raised several convertible rounds). They’ll share practical insights and common pitfalls to help you take the right funding decision.
This event is free & totally open, but please don’t forget to RSVP! Bring your friends, a beer, and see you there 🙂