Conducting and Documenting a Convertible Debt Financing

This course provides a comprehensive overview of the process of drafting and negotiating a convertible debt financing for start-ups. Participants will learn the key terms and provisions typically included in a convertible debt term sheet and how to negotiate these terms both from the perspective of the start-up and the venture capital investors.

Participants will also be introduced to SAFEs and other alternative convertible debt instruments and how they are used.

Finally, this course will touch on the due diligence process that typically accompanies a Series A round of financing.

Training courses associates and partners love and law firms need.

Upon completion of this course, participants will be able to:

Summarize the key terms and provisions included in a convertible note term sheet and key negotiation points.
Navigate the due diligence process that typically accompanies an early-stage financing.
Discuss financing strategies for early-stage companies, including when and how to raise funds.
Differentiate between convertible debt and equity financings and explain the comparative advantages and disadvantages,
Prepare basic documentation.

The AltaClaro Difference

Effective Learning with ROI--Backed by Education Science

Step 1: Learn

Learn at your own pace, absorbing lessons in short, easily digested segments led by experienced practitioners.

Step 2: Do

Apply what you've learned to solve real-world client scenarios, using transaction documents derived from actual deals.

Step 3: Review

Deepen your learning in virtual review sessions with an experienced practitioner. Review model answers and ask questions.

Class Content Overview

Course Details

2 CLE Credits are available for each course.

Participants will be asked to review and propose revisions to a [SAFE/convertible note] based on a set of facts relating to a hypothetical client’s goals and concerns. Participants will be asked to focus on a series of specific concerns and identify and explain for each: (1) the relevant provision(s); (2) any revisions, deletions, or additions the participant would make to the identified provisions; (3) any additional information needed to fully respond; and (4) any other conforming edits or additional documents needed to ensure the client is adequately protected.

Instructors Who Practice What They Teach

Our vetted instructors are global practitioners with outstanding professional and educational qualifications and demonstrated achievement in their fields. All have 10+ years Big Law experience.

In addition to their accomplishments as practitioners, our instructors are also passionate about teaching. We carefully interview instructor candidates to assess personality, domain expertise and effectiveness in the classroom. Our instructors must maintain a 4.5 out of 5 rating from students.

Our Trusted Network of the World’s Leading Law Firms

Description. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et

Praise for Our Legal Instructors

“Doug was very engaging, which was helpful and kept the review session moving.”

AM Law 200 Firm

“John had deep subject matter insight. It was an excellent class.”

AM Law 200 Firm

“Hellen did a fantastic job at meeting us at our experience level ...great war stories and practical tips.”

AM Law 200 Firm

“I really enjoyed this live session. The instructor did a great job: he seemed both well-prepared and he was genuinely engaging.”

AM Law 200 Firm

“Mick didn't just walk through the corrections but the thought process behind each change and how it would effect/protect the client.”

AM Law 200 Firm

“The instructor was great and had a lot of great insights to share.”

AM Law 200 Firm

Online

Class material is 100% online, accessible by all standard web browsers. Use your desktop, laptop, tablet, or smartphone--your progress will by synced across all devices.

On-Demand

The class is fully asynchronous. Do the work at your own pace, turn in your assignment when you're ready, and get instant feedback via model answers and video review sessions.

Interactive

Learn with dynamic, interactive modules that keep you engaged in active learning using a variety of learning modes.

Experiential

Includes practical assessments throughout the class, plus a capstone assignment where you apply your skills in the context of a real-world matter.

Interested in this Class?

Law Firms

Rapidly upskill associates with effective, efficient practical skills training.

FIND OUT MORE

Professionals

Explore new practice areas and build in-demand practice skills.