Yes.
Convertible Note Calculator
Free
Convertible note calculator to calculate your fundraising terms and valuations. Learn how exactly the math works
- Learn 3 methods of conversion
- Excel tool
- Highly detailed
- Advanced learnings
6446
happy users
testimonials
A Few People Like You Recommend You Check This Out
If you like it too, send me an email so I can feature you here too, please!
Kyane Kassiri
William Bailey
Alan Megargel
Darius Walker, Ph.D.
Mark Branden
Claire Biernacki
Luke Saldanha
Neil van Niekerk
Patrick Vogel
What
What Is a Convertible Note Calculator?
It is an Excel spreadsheet which people using a Convertible Note (“CN”) for a fundraising of a startup can use to understand the effect of dilution.
You’ve raised a convertible note and now you are hitting series-A. Time for those notes to become equity. Now convertible note conversion math is tricky at the best of times, but what you don’t know is there are in fact three ways that conversion can be calculated!
Huh? That’s right 3! Not the one way you presumed, if in fact, you thought about this at all? In this blog, we are going to get into the math of conversion calculations and at the end of it, you’ll not only be smarter than a 5th grader but smarter than most investors.
who
Who Needs a Convertible Note Calculator?
Everyone in startup-related land needs to know about this topic. So whether you are a founder, investor or advisor, why not have a little play with this!
Details
What Does the Tool Look Like?
Here are a few images to have a little gander at for your viewing pleasure.
Need
Why Do You Need Convertible Note Calculator?
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1
To Understand Convertible Notes
- Convertible notes are very common raising instruments
- You will learn very little by reading a legal document
- Convertible notes are one of those things that seem simple, but you learn they are not
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2
To Know the Details (no one teaches you)
- Most investors and even lawyers do not know their details
- I’m enabling you to learn advanced concepts simply
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3
To Be Not Taken Advantage Of
- Investors do more deals than founders do
- They can offer terms, and you won’t know the difference
- It’s hard to find capable lawyers
features
What Can the Model Do?
These are some of the features in the model.
Summarize Different Convertible Note Approaches
Notes are not all the same
- Summary of methods
- See the math and dilution impacts for the 3 options
Comprehensive Learnings
Notes are not all the same
- Learn the 3 ways convertible notes can be calculated
- Interactive math
- All the formulas are done for you
Need
Why Is My Tool Worth Getting
-
1
I Make Cool Things (and am capable)
- There is a lot of blah around by people who aren’t terribly good at Excel/PowerPoint etc
- You’ll see the attention to detail and actual thought put into what I gift you (so you aren’t wasting your time)
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2
My Free Tools Are Better Than What Some Charge For
- I only made tools because I couldn’t find anything I would use myself
- Even if you don’t ‘actually need the tool’, the point is to teach you concepts you can apply
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3
I Don’t Have a Hardcore Marketing Funnel
- I make tools to actually help founders
- You aren’t going to be hounded with emails to get you to buy things
- Whilst I do sell some stuff, seeing the quality I give for free is way better marketing than using fancy words to convince you
video time
Watch a Video On the Tool
Congrats, there’s a super-fun video to understand how this Excel model works.
Hang out with me and I’ll explain it to you.
read more
Read the Full Blog
This is a pretty page I have made so downloading tools is cleaner and simpler for you. I’ve moved blog details to blog(s). If you would like to read more, click on!
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You can't afford top talent with just cash, so you need to incentivise them with options. What the heck does a structure look like? This is literally the only ESOP model on the internet! You will decide on a fixed structure and you will be able to apply it to every hire so every evergreen, promotion, and performance grants are defendable to keep everyone on board that you are always fair.
Learn moreAccess
Get the Convertible Note Calculator Tool For Free
Fill in your details and it will be emailed to you.
I’m not sketchy, so here is everything you need to know just in case!
- It is automatically emailed to you!
- I’ll send you some emails about startup/investing after
- You can unsubscribe whenever you want
- Your data is never sold! I’m not organised to even do that lol
- You agree to all T&C legal stuff (to cover my ass)
FAQs
Check the FAQs if you are having issues. Don’t message me if “I can’t download the file”.
Is this free?
How do I download?
Fill in your name and email in the submission form and it will be emailed to you.
I didn't receive the email?
My (automated) system works. You’ve made a basic mistake.
- Check you input your email accurately
- Check your spam folder (Whitelist me if you found the email in spam)
Can I get consulting to use the file?
Yes. You can book a consulting call here:
I have feedback to improve
How do I open the file?
When you press download in an email from me, it normally saves to your Downloads folder.
So go there first to find the file.
I normally have to ZIP the file so it will work with SaaS automation systems.
So get WinZip, WinRAR, or use whatever Mac/PC offers these days. Unzip the file (Right click and press “uncompress” etc). If you don’t know how to do this, then use Google.
Once you uncompress, the ZIP file will remain, and you will see a new file (sort the download folder by date modified if confused).
I assure you that everything I provide works, so if you can’t access it, it’s a ‘you’ problem.
Can I sell / share your tools?
No.
You can share a link to this page, which would be much appreciated!
Can I share your tools on social media?
Please share the link to this page. It would be super-appreciated, but only if you like it!
If you don’t like it, then leave a comment or shoot me an email first so I can take your feedback on board first and see if I can improve!
Reading
Looking For Some Recommended Reading?
Here are some blogs you can check out related to this topic:
Guide to Convertible Notes
Learn How Convertible Notes Work.
Differences Between SAFE and Convertible notes
Understand the Differences Between These Common Debt Instruments Used in Fundraising.
Comments (2)
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Jyoti-
There is a block where you input email and it is sent to you? The page has a TOC and ‘download’ button.
I just redid my site so if it is not clear I’d like feedback to make this easier.
Alexander
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Leave a Reply
Hi
Could I get the convertible note calculator.
Thank you
Jyoti