from Hacker News

Average Discount Rates for Convertible Notes

by faloppad on 11/23/16, 10:07 AM with 1 comments

  • by david_bonilla on 11/23/16, 12:31 PM

    Interesting.

    We are negotiating our own SAFE deal (a replacement for Convertible Notes) and VCs told us that average discount rate is 20% but I guess it depends on the team/startup.

    It's pretty close to your 24,5% median and it validates your data.