Thanks for the explanation Crossy. I wasn't aware that convertibles were typical in venture capital for private companies.
HHGP's homepage has some good information including holdings as of 9-30-01:
Investment Shares/Principal Value AlphaSimplex Group, LLC -- $712 Experion Systems, Inc. Convertible Preferred Stock 197,500 $1,100,000 Exponential Business Development Company Limited Partnership interest -- $25,000 Informio, Inc. Series A Convertible Preferred Stock 229,364 $151,380 Kriton Medical, Inc. Series B Convertible Preferred Stock 476,191 $1,000,001 Nantero, Inc.
Common Stock 345,000 489,999 NeuroMetrix, Inc. Series A Convertible Preferred Stock 875,000 Series B Convertible Preferred Stock 625,000 Series C-2 Convertible Preferred Stock 1,148,100 Series E Convertible Preferred Stock 266,665 $6,708,225 PHZ Capital Partners Limited Partnership Limited Partnership Interest -- $2,127,859 Questech Corporation Common Stock 646,954 Warrants at $5.00 expiring 11/15/04 1,965 Warrants at $4.00 expiring 11/28/01 152,422 Warrants at $1.50 expiring 11/16/05 1,250 $970,598 Schwoo, Inc. Series B Convertible Preferred Stock 2,306,194 Convertible Bridge Loans $360,250 Warrants at $0.3853 934,985 $1,248,827 Total |