Convertible debt can turn into ______ when money is received from a venture capitalist.
A)equity
B)conventional debt
C)a convertible note
D)venture capital funds

Question

Quizplus · Accepted Answer

When a venture capitalist invests money into a startup, the convertible debt they have issued can be converted into equity, which means the investor becomes a partial owner of the company.

Convertible Debt Can Turn into ______ When Money Is Received