The Face Value is the stated principal amount of a debt instrument (or the nominal value of a security) that is used as the reference for repayment and interest calculations. Face Value matters in venture debt and notes because discounts, premiums, and distressed trading are often framed relative to Face Value.
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
