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Corporate Finance: What kind of return would be expected on convertable notes for: Mid Market Firm, Technology Startup, Traditional small business?
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Dr. Shishir Gupta, Angel Investment, Venture Capital, Idea Validation answered:

This is specific to the location and the opportunity. Suppose if you are in India and you invest in China, then you may expect a return of 12-15% however the same may reduce in US. Now, depending upon the opportunity, the same could go as high as 10x p.a.

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