# The danger with convertible notes | Sidebean Page: https://stenobird.com/podcast/sidebean-7304194/the-danger-with-convertible-notes-sidebean Text version: https://stenobird.com/podcast/sidebean-7304194/the-danger-with-convertible-notes-sidebean.md Podcast: [Sidebean](https://stenobird.com/podcast/sidebean-7304194) Published: 2026-07-26T22:57:00+00:00 Episode link: https://traffic.megaphone.fm/PODAGEN3131110054.mp3?updated=1778667700 Audio file: https://traffic.megaphone.fm/PODAGEN3131110054.mp3?updated=1778667700 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/sidebean-7304194/episodes/the-danger-with-convertible-notes-sidebean Duration seconds: 877 ## Resource The danger with convertible notes Are you building your financial model? Slidebean can help you: ► Run financial estimates using our templates across industries ► Craft a custom financial model to your specific needs. Our Community gets 30% Discount on their Slidebean Subscription. Get started now: Use code ‘SLBYTCOMMUNITY’ or check out https://youtube.slidebean.com/get-customers Want to become a financial model maestro? Join our workshop ► https://youtube.slidebean.com/fm-workshop Are you ready to pitch to investors? We can help ► https://slidebean.com/pitch-deck-consulting-services?utm_source=youtube&utm_medium=description&utm_campaign=dangerconvertiblenote Subscribe to our FREE weekly startup newsletter ► https://slidebean.com/newsletter?utm_source=youtube&utm_medium=description&utm_campaign=dangerconvertiblenote The Slidebean Expert Network ► https://slidebean.com/expert-network?utm_source=youtube&utm_medium=description&utm_campaign=dangerconvertiblenote Sign up for Recurring ► https://recurring.co/?utm_source=youtube&utm_medium=description&utm_campaign=dangerconvertiblenote -- To get to Unicorn status, companies often raise multiple funding rounds: it's impossible to grow that fast without external capital. Those rounds are often called Seed, Series A, Series B, Series C, etc. Now, the first round startups raise, is often structured as a convertible note. The problem is convertible notes (or bridge rounds as they are often called) are designed for these startup stories, and there are many stories in the middle where convertible notes can become a hassle. We are one of them, and in this video, we'll tell you all about it. Here's the danger with convertible notes. #startups #Slidebean #fundraising 0:00 - Intro 0:32 Failure vs. Unicorn… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/sidebean-7304194/episodes/the-danger-with-convertible-notes-sidebean/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/sidebean-7304194/the-danger-with-convertible-notes-sidebean.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.