Venture Capital
In most ways, preference shares are identical to ordinary shares. Holding 50 preference shares gives you no more percentage ownership in a company than holding 50 ordinary shares and entitles you with …
With the market for venture capital tightening up over the last few months, an increasing number of companies can expect to have to raise on a down round.
Signing documents (and waiting for documents to be signed) can be a frustrating and often error-laden process. Australia’s outdated requirement of wet-ink signatures on paper makes it even more …
It should come as no surprise to anyone active in the Australian technology industry that we are behind the curve in terms of investment norms. Just one example of this the expectation of “pre-emptive …
While every business is different, many of the startups that we work with have a few things in common:
We were recently asked to take a look at Y Combinator’s Simple Agreement for Future Equity ("SAFE") for Sparrow Flights, one of our clients and a great new startup based in Sydney.