Simple Agreement for Future Equity (SAFE)

A simple agreement for future equity (SAFE) is a type of investment agreement that is commonly used in the startup ecosystem. A SAFE is a contract between an investor and a company that gives the investor the right to receive equity in the company at some point in the future, typically in connection with a future financing round. Unlike a traditional convertible note, which is a debt instrument that converts into equity at a future date, a SAFE is not a loan and does not accrue interest or have a maturity date. Instead, a SAFE is a simple and flexible way for a startup to raise capital from investors without having to issue shares of common stock upfront.

What is Finanshels?

What is Finanshels?Setting up a good small-business bookkeeping system can be an involved process, especially if you’re not an experienced bookkeeper. Rather than spending enormous time and effort on getting your books up and running, consider turning to Finanshels for help. We’ll set up your bookkeeping system to ensure that your business is starting off right – and we’ll save you a huge amount of stress.Want someone to help you organize your bookkeeping system? Try Finanshels