Recently I sat down with the terrific Mike Brown, Jr., one of the Founders and a Partner at AOL Ventures, the VC arm of AOL which focuses on Seed and Series A non-strategic investing in tech-oriented consumer internet companies.
Startups typically think about raising capital via convertible debt early on in the life of a startup. They want to move fast, keep transaction costs low, and it is often easier to get the round done with a convertible note than a seed or series A round.
Even good communicators average only about half their time listening. Yet experts assert that most people listen with only about 25 percent of their attention, hear about 25 percent of what is said, and after two months, remember only half of that.