{"id":4203,"date":"2016-11-22T04:02:05","date_gmt":"2016-11-21T20:02:05","guid":{"rendered":"https:\/\/zegal.com\/?p=4203"},"modified":"2023-01-18T12:51:42","modified_gmt":"2023-01-18T04:51:42","slug":"convertible-note-trap-round-ii-doesnt-happen","status":"publish","type":"post","link":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/","title":{"rendered":"The Convertible Note Trap: Round II Doesn’t Happen"},"content":{"rendered":"

<\/span>Convertible Note legal traps: The second round of financing never<\/em> happens<\/b>
\n<\/span><\/h2>\n

Trying to raise seed funding? In the previous article<\/a><\/span> of our Convertible Note series<\/em>, we outlined the basics of a Convertible Note Agreement. For many startups, a Convertible Note is probably the best way to raise funding.<\/span><\/p>\n

 <\/p>\n

\"Zegal<\/p>\n

 <\/p>\n

But there are risks associated with using a Convertible Note as well.   \"Share<\/a> Tweet this<\/a><\/span><\/strong><\/span><\/p>\n

For example, what happens if your startup fails to secure the second round of funding? What if your idea doesn\u2019t take off, or if your business becomes self-sufficient before you need more funds?<\/span><\/p>\n

No investors will want to have shares \u201clocked\u201d in a business without opportunity to cash out. Investors put their money precisely with the expectation of getting money out. If your startup does not go for a second round of financing, relationships might sour between you and your seed\/angel investors. You might incur exorbitant legal fees that endanger the financial positioning of your business.<\/span><\/p>\n

This is why it is crucial to include a clause that specifies what happens when the startup is unable to secure a subsequent round of financing<\/strong> \u2013 this would help mitigate any legal risks following such an occurrence.<\/span><\/p>\n

Real-life example:<\/span><\/em><\/p>\n

\"ConvertibleDownload infographic as PDF here<\/a><\/span><\/em><\/p>\n

 <\/p>\n

<\/span>Here’s the thing about the law… you don’t know what you don’t know.<\/strong><\/span><\/h3>\n

This is why standard templates you find online may not apply to you,<\/strong> and also why there is value in seeking out a professional lawyer who will invest large amounts of time analysing your business situation, assessing your risks, and providing recommendations. But, of course, this can come at a high cost.<\/strong><\/p>\n

\"convertible<\/a><\/p>\n

With intuitive document builders such as Zegal, you answer a series of questions, and <\/span>clauses to deal with such situations are automatically included<\/b>:<\/strong> When there isn\u2019t a second round of financing, the note automatically converts to shares at a price decided when the agreement is signed. This ensures that you can operate your business with peace of mind, and gets the investors to stop worrying.<\/span><\/p>\n

Try Zegal’s Document Builder for FREE<\/a><\/h6>\n
No minimum commitment, no credit card required.<\/em><\/h6>\n

 <\/p>\n

<\/span>The importance of the valuation cap<\/strong><\/span><\/h3>\n

As a matter of fact, the valuation cap is not only important for calculating the share ownership at the next round of funding, but is also <\/span>vital should the next round of financing never occur<\/b>.<\/strong><\/p>\n

Learn more about the valuation cap<\/strong><\/a><\/span><\/em><\/p>\n

or<\/em><\/p>\n

Start drafting Convertible Note Subscription Agreement now<\/a>
\n<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

Convertible Note legal traps: The second round of financing never happens Trying to raise seed funding? In the previous article of our Convertible Note series, we outlined the basics of a Convertible Note Agreement. For many startups, a Convertible Note is probably the best way to raise funding.     But there are risks associated with […]<\/p>\n","protected":false},"author":51,"featured_media":105844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","inline_featured_image":false,"footnotes":""},"categories":[14278,41,133],"tags":[],"usecases":[13710],"businesstypes":[],"country":[],"class_list":["post-4203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-management","category-funding","category-startup","usecases-raise-money-with-a-convertible-note"],"acf":[],"yoast_head":"\nConvertible Note: Second Round of Financing Doesn't Happen<\/title>\n<meta name=\"description\" content=\"There are risks associated with using a Convertible Note. What happens if your startup fails to secure the second round of funding? What if your idea doesn\u2019t take off, or if your business becomes self-sufficient before you need more funds?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/posts\/4203\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Convertible Note trap: Round II doesn't happen\" \/>\n<meta property=\"og:description\" content=\"There are risks associated with using a Convertible Note. What happens if your startup fails to secure the second round of funding? What if your idea doesn\u2019t take off, or if your business becomes self-sufficient before you need more funds?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/\" \/>\n<meta property=\"og:site_name\" content=\"Zegal New Zealand\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/getzegal\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-21T20:02:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-18T04:51:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/zegal.com\/wp-content\/uploads\/2023\/09\/zegal-logo-red.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Will Elton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The Convertible Note Trap: Round II Doesn’t Happen\" \/>\n<meta name=\"twitter:creator\" content=\"@getzegal\" \/>\n<meta name=\"twitter:site\" content=\"@getzegal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Will Elton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/\"},\"author\":{\"name\":\"Will Elton\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#\\\/schema\\\/person\\\/35f6500efc50a6bfea56d0c481815347\"},\"headline\":\"The Convertible Note Trap: Round II Doesn’t Happen\",\"datePublished\":\"2016-11-21T20:02:05+00:00\",\"dateModified\":\"2023-01-18T04:51:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/\"},\"wordCount\":433,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2016\\\/11\\\/3.jpg\",\"articleSection\":[\"Business Management\",\"Funding\",\"Startup\"],\"inLanguage\":\"en-NZ\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/\",\"url\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/\",\"name\":\"Convertible Note: Second Round of Financing Doesn't Happen\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2016\\\/11\\\/3.jpg\",\"datePublished\":\"2016-11-21T20:02:05+00:00\",\"dateModified\":\"2023-01-18T04:51:42+00:00\",\"description\":\"There are risks associated with using a Convertible Note. What happens if your startup fails to secure the second round of funding? What if your idea doesn\u2019t take off, or if your business becomes self-sufficient before you need more funds?\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#breadcrumb\"},\"inLanguage\":\"en-NZ\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-NZ\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#primaryimage\",\"url\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2016\\\/11\\\/3.jpg\",\"contentUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2016\\\/11\\\/3.jpg\",\"width\":300,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/convertible-note-trap-round-ii-doesnt-happen\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Legal Templates\",\"item\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/all-docs\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Convertible Note Trap: Round II Doesn’t Happen\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#website\",\"url\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/\",\"name\":\"Zegal New Zealand\",\"description\":\"Need legal? Click Zegal.\",\"publisher\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-NZ\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#organization\",\"name\":\"Zegal New Zealand\",\"url\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-NZ\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/zegal-logo-white.png\",\"contentUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/zegal-logo-white.png\",\"width\":200,\"height\":69,\"caption\":\"Zegal New Zealand\"},\"image\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/getzegal\\\/\",\"https:\\\/\\\/x.com\\\/getzegal\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/getzegal\\\/\",\"https:\\\/\\\/www.youtube.com\\\/@legalzegal\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/#\\\/schema\\\/person\\\/35f6500efc50a6bfea56d0c481815347\",\"name\":\"Will Elton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-NZ\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g\",\"caption\":\"Will Elton\"},\"sameAs\":[\"http:\\\/\\\/alicia.walker@zegal.com\"],\"url\":\"https:\\\/\\\/zegal.com\\\/en-nz\\\/blog\\\/post\\\/author\\\/zegal-specialist\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Convertible Note: Second Round of Financing Doesn't Happen","description":"There are risks associated with using a Convertible Note. What happens if your startup fails to secure the second round of funding? What if your idea doesn\u2019t take off, or if your business becomes self-sufficient before you need more funds?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/posts\/4203\/","og_locale":"en_US","og_type":"article","og_title":"The Convertible Note trap: Round II doesn't happen","og_description":"There are risks associated with using a Convertible Note. What happens if your startup fails to secure the second round of funding? What if your idea doesn\u2019t take off, or if your business becomes self-sufficient before you need more funds?","og_url":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/","og_site_name":"Zegal New Zealand","article_publisher":"https:\/\/www.facebook.com\/getzegal\/","article_published_time":"2016-11-21T20:02:05+00:00","article_modified_time":"2023-01-18T04:51:42+00:00","og_image":[{"width":1200,"height":627,"url":"https:\/\/zegal.com\/wp-content\/uploads\/2023\/09\/zegal-logo-red.jpg","type":"image\/jpeg"}],"author":"Will Elton","twitter_card":"summary_large_image","twitter_title":"The Convertible Note Trap: Round II Doesn’t Happen","twitter_creator":"@getzegal","twitter_site":"@getzegal","twitter_misc":{"Written by":"Will Elton","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#article","isPartOf":{"@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/"},"author":{"name":"Will Elton","@id":"https:\/\/zegal.com\/en-nz\/#\/schema\/person\/35f6500efc50a6bfea56d0c481815347"},"headline":"The Convertible Note Trap: Round II Doesn’t Happen","datePublished":"2016-11-21T20:02:05+00:00","dateModified":"2023-01-18T04:51:42+00:00","mainEntityOfPage":{"@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/"},"wordCount":433,"commentCount":4,"publisher":{"@id":"https:\/\/zegal.com\/en-nz\/#organization"},"image":{"@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#primaryimage"},"thumbnailUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2016\/11\/3.jpg","articleSection":["Business Management","Funding","Startup"],"inLanguage":"en-NZ","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/","url":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/","name":"Convertible Note: Second Round of Financing Doesn't Happen","isPartOf":{"@id":"https:\/\/zegal.com\/en-nz\/#website"},"primaryImageOfPage":{"@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#primaryimage"},"image":{"@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#primaryimage"},"thumbnailUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2016\/11\/3.jpg","datePublished":"2016-11-21T20:02:05+00:00","dateModified":"2023-01-18T04:51:42+00:00","description":"There are risks associated with using a Convertible Note. What happens if your startup fails to secure the second round of funding? What if your idea doesn\u2019t take off, or if your business becomes self-sufficient before you need more funds?","breadcrumb":{"@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#breadcrumb"},"inLanguage":"en-NZ","potentialAction":[{"@type":"ReadAction","target":["https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/"]}]},{"@type":"ImageObject","inLanguage":"en-NZ","@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#primaryimage","url":"https:\/\/zegal.com\/wp-content\/uploads\/2016\/11\/3.jpg","contentUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2016\/11\/3.jpg","width":300,"height":300},{"@type":"BreadcrumbList","@id":"https:\/\/zegal.com\/en-nz\/blog\/post\/convertible-note-trap-round-ii-doesnt-happen\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Legal Templates","item":"https:\/\/zegal.com\/en-nz\/all-docs\/"},{"@type":"ListItem","position":2,"name":"The Convertible Note Trap: Round II Doesn’t Happen"}]},{"@type":"WebSite","@id":"https:\/\/zegal.com\/en-nz\/#website","url":"https:\/\/zegal.com\/en-nz\/","name":"Zegal New Zealand","description":"Need legal? Click Zegal.","publisher":{"@id":"https:\/\/zegal.com\/en-nz\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/zegal.com\/en-nz\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-NZ"},{"@type":"Organization","@id":"https:\/\/zegal.com\/en-nz\/#organization","name":"Zegal New Zealand","url":"https:\/\/zegal.com\/en-nz\/","logo":{"@type":"ImageObject","inLanguage":"en-NZ","@id":"https:\/\/zegal.com\/en-nz\/#\/schema\/logo\/image\/","url":"https:\/\/zegal.com\/wp-content\/uploads\/2021\/11\/zegal-logo-white.png","contentUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2021\/11\/zegal-logo-white.png","width":200,"height":69,"caption":"Zegal New Zealand"},"image":{"@id":"https:\/\/zegal.com\/en-nz\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/getzegal\/","https:\/\/x.com\/getzegal","https:\/\/www.linkedin.com\/company\/getzegal\/","https:\/\/www.youtube.com\/@legalzegal"]},{"@type":"Person","@id":"https:\/\/zegal.com\/en-nz\/#\/schema\/person\/35f6500efc50a6bfea56d0c481815347","name":"Will Elton","image":{"@type":"ImageObject","inLanguage":"en-NZ","@id":"https:\/\/secure.gravatar.com\/avatar\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g","caption":"Will Elton"},"sameAs":["http:\/\/alicia.walker@zegal.com"],"url":"https:\/\/zegal.com\/en-nz\/blog\/post\/author\/zegal-specialist\/"}]}},"_links":{"self":[{"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/posts\/4203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/comments?post=4203"}],"version-history":[{"count":0,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/posts\/4203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/media\/105844"}],"wp:attachment":[{"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/media?parent=4203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/categories?post=4203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/tags?post=4203"},{"taxonomy":"usecases","embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/usecases?post=4203"},{"taxonomy":"businesstypes","embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/businesstypes?post=4203"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/zegal.com\/en-nz\/wp-json\/wp\/v2\/country?post=4203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}