One of the primary values of convertible debt is that it:

Name: One of the primary values of convertible debt is that it:
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Convertible debt allows a company to postpone a valuation of the company until a later date, usually the next financing round. This can be attractive for both the investor and the company, as the valuation may be higher at that time. This also avoids the need to negotiate and agree on a set valuation early on, which can be difficult for early-stage companies.

One of the Primary Values of Convertible Debt Is That