Greetings, my fellow Malaysian compatriots! Are you in a pickle and thinking of engaging a lawyer? Or perhaps you’re researching for a friend or relative who’s in need of some legal muscle? Fret not, for I am here to be your helpful guide, as we embark on this heroic journey towards legal enlightenment. Just like […]
The co-operative society
Just what is a co-operative society? A co-operative society is like an association, but with a difference: Its members get together to do business. The co-operative society is an enterprise; a way for workers to co-own an organization, which in turn owns the means of production. There have been a number of successful co-operatives in […]
Post-Money SAFE Agreement and Malaysian Startups
Introduction to SAFE Agreements The SAFE Agreement stands for “Simple Agreement for Future Equity”. The SAFE was pioneered by Y Combinator, a technology startup accelerator. When it was first introduced in 2013, the SAFE was a pre-money valuation cap, but in 2018 redrafted the SAFE to a post-money valuation cap focus. The SAFE has become […]
Setting Up a Business
Introduction There’s a saying that many famous inventors died poor and penniless. One example was Nikola Tesla, who despite being a genius, was forced to work for other, more savvy inventors. You’ve probably head about his rivalry with Thomas Edison: Nikola Tesla ended up penniless and broke, while Thomas Edison became a rich old man. […]
Makcik Series: Partnership
Makcik Nasi Lemak Has A Question Fathin met Makcik Nasi Lemak again. She smiled and greeted Makcik Nasi Lemak. “Good Morning Makcik ! How’s your day ? Have you registered your business at SSM ?” “Hmm. Not yet Fathin. I’m thinking to do a partnership business with my friends. Would it be okay if I […]