Introducing the New ACA Convertible Note Template for Founders & Investors

Founders & Investors: Get the New ACA Convertible Note Template

The Angel Capital Association (ACA) has just released a new model convertible promissory note template on their website.

The last few years have seen a dramatic increase in the use of convertible instruments for early stage financings.

The two primary means of effecting these financings are SAFEs (Simple Agreement for Future Financings) and Convertible Promissory Notes (“Convertible Notes”).

The former typically utilizes established form agreements created by the Y Combinator accelerator. These agreements have several defined template flavors.  By contrast, Convertible Notes do not have a single established template, making review more time consuming and expensive. 

Learn more and get editable sample documents here.

This invaluable resource combines common provisions with best practices to balance the rights of founders and investors, making early-stage financings smoother and more equitable.

Whether you're a seasoned investor or a budding entrepreneur, this model note can help you navigate the complexities of early-stage funding.

Check it out today and take advantage of the ACA's commitment to empowering the investment community!

You can find the new Convertible Promissory Note and more ACA publications here:
https://www.angelcapitalassociation.org/angel-insights-publications/

Thanks to Angel Capital Association (ACA) for this news and the graphics.

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