Definition
Convertible notes are debt with an automatic conversion trigger. Unlike SAFEs, convertible notes have a maturity date (typically 18-24 months) and may accrue interest. GitDealFlow's signals can help note holders assess whether a startup is on track to raise its next round before maturity.
Frequently Asked Questions
Convertible note vs SAFE — what's the difference?
Notes are debt with a maturity date and interest. SAFEs are not debt — they convert at the next round with no maturity. SAFEs are simpler and more founder-friendly. Both are common at seed stage.