How do convertible notes work?

Related questions

1. Is it safe to post money?
2. What does it mean when someone is not safe?
3. Can a convertible note be paid back?
4. How does a safe agreement work?
5. What is a kiss agreement?
6. Do you have to pay back a convertible note?
7. Do Convertible Notes pay interest?
8. Is a safe agreement a security?
9. What are safes made of?
10. What does a post money valuation include that a pre money valuation does not?

Tags

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2. #round
3. #loaning
4. #equity
5. #principal
6. #converts
7. #financing
8. #conjunction
9. #would
10. #typically
11. #return
12. #investor
13. #receive
14. #company
15. #effect
16. #interest
17. #money
18. #convertible
19. #short
20. #startup
21. #future