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 […]
How to set up a small stall business?
It is Monday Morning. Cik Fathin wanted to buy “Nasi Lemak” at a stall nearby her office. While buying “Nasi Lemak”, the makcik at the stall asks her: “Anak kerja apa?” “Oh saya lawyer makcik.” She smiled at the makcik. “Makcik nak tanya sikit boleh? Makcik dah lama meniaga sini nak, makcik berminat nak daftar perniagaan makcik ni.” […]