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We're thrilled to release a legal template for convertible notes, accessible for free to all startups in Germany! The template is straightforward, founder-friendly, and is now available on Legalstrasse (https://www.legalstrasse.com/).
Check out what it is, how it works and how to use it in this presentation by Daniel Streiff, Founder of Streiff Law.
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 got you covered: https://www.legalstrasse.com/