Understanding SAFEs: Simplified Agreements for Future Equity
Simple Agreements for Future Equity (SAFEs) are becoming increasingly popular as a funding mechanism for startups and high-growth companies. However, despite their name, SAFEs are not necessarily simple. While they provide a quick way to raise capital, their terms can be complex, often leaving important
Best Law Firms Canada - Corporate Law, Technology Law & Intellectual Property Law
Nominated Best Law Firms Canada - Corporate Law, Technology Law and Intellectual Property Law
Structuring Your Tech Startup
What should the initial capital structure look like?
Types of Shares in a Corporation: A corporation can have one or more classes of shares. In Canada, when there is only one class of shares, it must include certain rights, such as the right to vote, receive dividends, and claim remaining assets upon dissolution. Additional classes of shares, like preference or preferred shares, may be created to attract specific types of investors, offering them different rights.