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Re: None

Sunday, 10/26/2014 6:59:14 AM

Sunday, October 26, 2014 6:59:14 AM

Post# of 2065
What's wrong with 20% discount?

>>In Fenwick & West’s 2011 Seed Financing Survey (the “Fenwick Survey”), the percentage of convertible note seed financings that granted a discount to investors was 67% in 2010 and 83% in 2011; and the median discount was 20% in both 2010 and 2011.<<

You said:

>>It's dead money now, as evidenced by the price and lack of buying, even in the low trip zeros.<<

My question is the opposite: why no dumping? You can sell anything if the price is right.

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