All memos tagged #startup-finance

A liquidity event is a critical transaction that allows investors (holders of Preferred Shares) and employees (holders of Common Shares) to convert their illiquid equity stakes in a private company...

Preferred shares are a class of equity granted primarily to investors—such as venture capitalists—when they finance high-risk startup companies. Unlike Common Shares, which are typically held by...

Common shares are a type of company stock typically issued to founders and employees when they start or join a startup. This form of equity is one of the “dirty secrets” of the startup ecosystem...

A simple agreement for future equity (SAFE) is an agreement intended to replace Convertible Notes; addressing their problems while preserving their flexibility. They were created in 2013 by Y...

Brex is a corporate card for startups. Brex gives founders and finance teams 1020x higher credit limits than what they would get with Amex, Chase or any other small business credit card option, and...

Contexts Divvy Credit, getdivvy.com startup-finance