Start-ups and early stage ventures

Preference Shares Explained: What They Mean for Startups and Investors

Investing in an early-stage startup is inherently high risk. One way investors seek to reduce investment risk is by opting for ‘preference shares’ in place of ordinary shares. So, what…

SAFEs for Start-ups. How safe are they really?

SAFE? A SAFE (Simple Agreement for Future Equity) is an alternative instrument used by startups to raise capital. Introduced by Y Combinator in 2013, SAFEs provide an alternative to traditional…