High Resolution Financing

A high resolution financing is a convertible note or convertible equity round that can feature different price caps and/or discounts for different investors. This provides the flexibility for a startup to offer a potentially lower price cap and/or discount to earlier investors in a round or sometimes those investors who provide more benefit than just money.

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Ryan Roberts Startup 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.