What securities are used for a typical investment?

Answer

Each deal security type is unique and may be different from others. We've invested using Convertible Notes, SAFEs, Preferred Stock, and Debt with Warrant Coverage. Common stock deals are unusual.

As a policy, Wharton Alumni Angels does not participate in Rule 506(c) offerings, nor pass-through operating companies such as sole proprietorships, partnerships, S-corporations, and LLCs.