Leading Emergency Convertible Note Bridge Rounds for Stalled Portfolio Startups
When a promising Series A company has 60 days of cash left, convincing syndicate co-investors to participate in a bridge note requires clear milestones.
Amit KasliwalCEO & Founder, Dehurdle
October 08, 20234 min read
The Milestone-Gated Bridge Pitch
Recommended Spoken Script
"Our fund is committing $250k of a $750k convertible bridge note with a 20% discount. The company has reduced monthly burn by 50% to $65k, and this bridge provides 11 months of runway to close their 4 enterprise pilots representing $600k in pipeline. We need all syndicate seed investors to participate pro-rata."
The 2-Minute Practice Drill
2-Minute Spoken Drill
The 2-Minute Practice Drill
Practice syndicating bridge rounds in Dehurdle.