22 example sentences using convertible.
Convertible used in a sentence
Convertible in a sentence as a noun
We see patents from them for various ways of building a convertible slate for a while now.
It's a convertible note with pretty standard terms, fully signed by all the partners.
This might be called an "optional convertible" note and I remember doing many of these back in the day as a lawyer.
Note that the $120k funding is broken into $20k cash and the option for an additional $100k convertible debt note.
This is one of the reasons why most countries moved first to fractional gold standards and then to convertible currency.
The physical form factor here described is "convertible slate".
The safe seeks to confer the benefits of a convertible instrument without carrying with it the baggage of debt.
The angel investment world solves this exact problem using convertible debt.
The convertible note meets this need by combining the attributes of debt and equity instruments.
I accompanied him for one of his trips and got to test-drive for free a Lexus convertible, a Ferrari, and a Nissan 350Z back when it was new.
This mindset all changed during the bubble era, when convertible notes came in to help solve the early-stage funding problem.
Convertible in a sentence as an adjective
In this sense, the main idea of this piece that I would strongly disagree with is its suggestion that using convertible notes is somehow a sucker deal.
However, BitCoin has the enormous disadvantage of not being convertible to US$ in the sense that when you want to use BitCoin, you are dealing with exchange rate risks.
They may be able to come up with ideas, or offer rebates, or promotions, or even convertible note financing toward the next fundraising round.
Which is why the boring silver saloon or SUV is more common than the bright pink, retro-styled sports convertible, or the monster truck with jacked-up suspension and six foot diameter tires.
Founders routinely used to take uncapped convertible notes, build value, stretch out the process, and leave the investors getting ever-diminishing rewards all the while that their money was being used to build that value.
" Apart from a very vibrant context such as YC, where investor demand is already high, I am not sure how well that will sell when all the investor needs to say in response is, "how about us just doing a convertible note instead.
One of the nice things about convertible debt is that the investment is offset by an equal liability, providing a reasonable justification for continuing to issue stock to employees very cheaply.
No one is questioning his freedom to do what he chooses.> He does certain things for shock value...True but I think killing an elephant and then posting a video about it is a bit different than showing scantily clad women dancing on the hood of a convertible.
The convertible note supplanted an earlier form of convertible note used many years back by which individual investors would see startups as being much akin to small businesses and would loan the money to the venture with the primary aim of making a good interest return on their investment.
" I personally believe that for the general range of cases the pull toward a conventional convertible note will be very strong, and founders will have real difficulty convincing investors why they should forego the benefits of a convertible note in favor of a convertible security where the only advantages to the latter lie strictly with the company.
I was just talking about a structural problem that happens when you've already raised some money on a convertible note with a valuation cap, and an investor offers to invest at a lower capFrom an author who obviously read that thread she's completely ignoring what he said with crappy statements like this:Considering this comes from a man who just asked his portfolio to blacklist an entire venture firm, this might read as a rather contradictory statement.
Convertible definitions
a car that has top that can be folded or removed
a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
a sofa that can be converted into a bed
capable of being exchanged for or replaced by something of equal value; "convertible securities"
See also: exchangeable
designed to be changed from one use or form to another; "a convertible sofa"; "a convertible coupe"
capable of being changed in substance as if by alchemy; "is lead really transmutable into gold?"; "ideas translatable into reality"
See also: transformable translatable transmutable