Podcasts about simple agreement

Simple Agreement for Future Equity (SAFEs), convertible notes, and embedded derivatives are among financial instruments which feature optionality, which can obscure confidence in the expected value of the associated future economic benefits.  Published guidance is limited, and adding to the complexity, some alternative investment transactions have optionality features lurking within, dormant, and not readily apparent.  This presents a wrinkle for practitioners who try to value assets which could morph into something else tomorrow.  Listen to how specialists in this area approach these issues, and read below for key AICPA resources to improve your own valuation analyses. Key Takeaways Applications and limitations of formal valuation guidance How optionality characteristics influence financial instrument design Best practices for valuing instruments with optionality features Approaches for early stage assets lacking underlying valuations Guests: Oksana Westerbeke, Partner, and Jared Hannon, Director, Grant Thornton Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you're using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links.  2024 AICPA & CIMA Forensic & Valuation Services Conference - for purchasesession: Full conference package  Accounting and Valuation guides from AICPA  If you are an AICPA-FVS Section member see below for free access to these guides Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies Exclusive content available with AICPA FVS Section membership: Click here to join this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies From the FVS Valuation Podcast archives  Valuing Complex Financial Instruments 409a Valuations - What You Need To Know Valuation Considerations in Equity Compensation  LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV infographic Certified in the Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF infographic This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com  

Simple Agreement for Future Equity (SAFEs), convertible notes, and embedded derivatives are among financial instruments which feature optionality, which can obscure confidence in the expected value of the associated future economic benefits.  Published guidance is limited, and adding to the complexity, some alternative investment transactions have optionality features lurking within, dormant, and not readily apparent.  This presents a wrinkle for practitioners who try to value assets which could morph into something else tomorrow.  Listen to how specialists in this area approach these issues, and read below for key AICPA resources to improve your own valuation analyses. Key Takeaways Applications and limitations of formal valuation guidance How optionality characteristics influence financial instrument design Best practices for valuing instruments with optionality features Approaches for early stage assets lacking underlying valuations Guests: Oksana Westerbeke, Partner, and Jared Hannon, Director, Grant Thornton Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you're using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links.  2024 AICPA & CIMA Forensic & Valuation Services Conference - for purchasesession: Full conference package  Accounting and Valuation guides from AICPA  If you are an AICPA-FVS Section member see below for free access to these guides Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies Exclusive content available with AICPA FVS Section membership: Click here to join this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content Valuation of Privately Held Companies Equity Securities Issued as Compensation Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies From the FVS Valuation Podcast archives  Valuing Complex Financial Instruments 409a Valuations - What You Need To Know Valuation Considerations in Equity Compensation  LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV infographic Certified in the Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF infographic This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com  

In dieser Folge erklärt Daniel Winkler, was ein SAFE Agreement (Simple Agreement for Future Equity) ist, wo die Unterschiede zum Wandeldarlehen liegen und warum es in Deutschland zunehmend genutzt wird. Du erfährst, welche Vor- und Nachteile es sowohl für Gründer als auch Investoren gibt und worauf du unbedingt achten solltest, um Risiken zu minimieren. Außerdem gibt es praxisnahe Tipps, wie du SAFE-Verträge richtig einsetzt. Key TakeawaysSAFE Agreements sind eine flexible Alternative zu Wandeldarlehen, aber mit rechtlichen Besonderheiten in Deutschland.Gründer können Bewertungsdruck vermeiden, jedoch auf Kosten der Planungssicherheit.Investoren sollten auf "Most Favored Nation"-Klauseln bestehen, um faire Bedingungen zu sichern.SAFE-Verträge unterliegen in Deutschland häufig der Notarpflicht, besonders bei GmbH-Anteilen.Ein gut geplanter Cap Table ist entscheidend, um unerwünschte Verwässerungen zu vermeiden.Weiterführende LinksSAFE - So funktioniert das Simple Agreement for future Equity !Wandelanleihen | Wandeldarlehen | Convertible Loans | DAWICONKontakt zu Daniel WinklerDaniel Winkler | LinkedIn Links zur DAWICON

In this episode of The Agricoach Wealth and Wisdom Podcast, Ben Law sits down with Kylie Wilson, a specialist in rural asset planning, to discuss one of the most effective tools for securing the future of your family farm: a family agreement. From managing the tricky process of transferring land and assets to addressing the emotional challenges that can come with succession planning, Kylie explains how these agreements set clear expectations for everyone involved. They discuss key elements that should be included to cover both financial and relationship concerns, and whether it's always necessary to make these agreements legally binding. To bring it all to life, Kylie shares a compelling case study showing how one family used a well-structured agreement to avoid conflict and maintain harmony during the asset transfer process. If you're navigating succession or simply want to protect your family's legacy, this episode offers essential advice to help you safeguard the future of your farm.-----------------------Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.If you want to learn the principles of how to grow your family's wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.https://thefinancialbloke.com.au/

Simple Agreement for Future Governance Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The blockchain brings new investment structures for ownership. The Simple Agreement for Future Equity called a SAFE gives the investor ownership in an entity through a warrant. The Simple Agreement for Future tokens or Equity (SAFTE) gives the investor the right to buy tokens in the future. The Simple Agreement for Future Governance called a SAFG gives the investor governance rights through their participation in the community. The SAFG shifts ownership from buying through investment to earning through participation. The SAFG only gives governance rights to the holder. This means the holder doesn't own a stake in the community but rather can vote on policy issues.  The SAFG is non-transferable and does not earn income.  This increases the participation in the community for the long term. Those with the right to vote on governance issues are primarily the users of the network. This reduces the regulatory compliance burden on the community. It creates participatory capital where the ones using the network have a say in how the network grows. It reduces outside interference into the community.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Worried about getting sued or not being legally protected in your business? This episode will share all the legal knowledge you wish you knew and help you sleep at night!  Lucy Legal is not only a lawyer but the go-to expert for small business owners and entrepreneurs. Her jargon free advice brings clarity to a topic that can so easily feel overwhelming and daunting. Tune in and bullet proof your business today. _____ Get 50% off Lucy's Short and Simple Agreement: Use CODE ALICE50  https://www.lucylegal.co.uk/short-and-simple-agreement 'There are times in business when you want to simply on board a client. You don't want to enter into a contract but you want to set out the ways in which you will be working the services you offer, the way in which you will protect your client's confidentiality and data and also the limitation of any liability to you. The Short and Simple Agreement includes a template document with the key clauses for you to personalise for your business. This template is suitable for online business owners who provide the majority of their services online.'  

Episode Summary:In this episode, Cheryl Mack and Maxine Minter dive into the intricate details of tax incentives and structures for angel investors in Australia. Tackling the seemingly dry topic of tax with enthusiasm, they explore how these regulations can substantially benefit early-stage investors. Cheryl brings her wealth of experience to the table, elucidating the complexities of acronyms like ESV CLP and ASIC, while Maxine peppers the conversation with insightful queries and contextual examples.Cheryl explains the criteria and benefits associated with Early Stage Innovation Companies (ESIC) and Early Stage Venture Capital Limited Partnerships (ESV CLP). She details how these structures facilitate sophisticated tax offsets and capital gains exemptions for investors. Throughout the discussion, they highlight the importance of understanding these incentives to optimize investment returns. The episode culminates with practical advice on investing via trusts and navigating the nuances of capital call schedules, reflecting the duo's deep dive into the subject matter.Key Takeaways:Understanding ESIC: Learn about the Early Stage Innovation Company (ESIC) designation in Australia, its eligibility criteria, and the significant tax benefits it offers. ESV CLP Benefits: Discover how Early Stage Venture Capital Limited Partnerships (ESV CLP) and Venture Capital Limited Partnerships (VCLP) offer substantial tax incentives, including offsets and capital gains exemptions. Investment Structures: Get insights into the complexities of investing through safes (Simple Agreement for Future Equity) and how ESIC status impacts tax benefits. Leveraging Trusts: Explore the functional benefits and considerations when investing through discretionary (family) trusts, particularly in relation to income distribution and tax efficiency. Managing Capital Calls: Understand the importance and mechanics of capital call schedules within the context of fund investments and their fiscal implications.Sponsors:Thanks to our sponsors for helping to make this episode of First Cheque possible.Vanta: Join 7,000 global companies like Atlassian and Dovetail that use Vanta to build trust and prove security in real-time. Get 10% off https://dayone.fm/vantaScendar: Scendar is the OG startup accounting firm in Australia. Free 1-hour consultation about your Business' growth plans and finance needs. https://dayone.fm/scendarTuro: Turo is the world's largest carsharing marketplace and it's the perfect app for travel.Download the Turo app and book cars from $38/day. https://dayone.fm/turoThe Day One NetworkFirst Cheque is part of Day One, the podcast network dedicated to founders, operators & investors.To learn more, join our newsletter to be notified of new and upcoming shows. The only content we create is content that will help Australian founders.If you want to learn about upcoming guests and when a new First Cheque episode is available, join the First Cheque newsletter.

Blockmate Ventures Inc CEO Justin Rosenberg and Hivello Chairman Domenic Carosa shared some exciting news with Steve Darling from Proactive. Blockmate Ventures' subsidiary, Hivello Holdings, has successfully secured a further 1.5 million dollars after receiving strong interest from investors following the announcement of a 1 million dollar raise in December 2023. The funding was secured as a Simple Agreement for Future Equity instrument fundraising round. Consequently once converted, the post-money implied valuation of Blockmate's 67% stake is 6.7 million or 8.1 cents per Blockmate share1. Blockmate Ventures specializes in creating and nurturing fast-growing technology businesses, with a particular focus on cutting-edge sectors such as blockchain, climate, and energy storage. This fundraising round represents a significant milestone for Blockmate Ventures, as it marks the first external raise for a venture built by the company. It serves as a testament to Blockmate's dedication to developing solutions within rapidly growing sectors that have a positive global impact. Hivello Holdings was conceptualized by Blockmate Ventures when it recognized an opportunity to harness the untapped computing power scattered around the world. The result is an innovative DePIN network that not only leverages underutilized computing resources but also provides internet users with a platform to generate passive income. The funds will primarily be allocated to engineering for product development and customer acquisition, supporting Hivello's goal of making blockchain accessible to a broader audience. #proactiveinvestors #blockmateventures #tsxv #mate #otcqb #matef #DeepIn #CryptoNews #BlockMateVentures #DominicCarosa #JustinRosenberg #TechInvestment #DecentralizedNetworks #CapitalRaise #Web3 #BlockchainInnovation #CryptoMarket #DigitalCurrency #MassAdoption #TechStartups #InvestmentSuccess #FintechRevolution #DigitalAssets #CryptoEconomy #InnovationLeadership #TokenEconomy #VentureCapital #TechEntrepreneurs #FutureTech #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

On today's show we are talking about deal structure. Some of the financing vehicles that are increasingly common in real estate had their roots on Wall Street. Others had their roots in the tech environment of Silicon Valley.  When investors want to participate in a startup business that will certainly evolve over time, how do you decide what is fair to both the investor and the management team? What is the monetary value of the investment, pre-money, and post money? How do you know what percentage of the business to sell to investors?  The value created by the business has several elements. The seed capital is part of it. But so too is the creativity and resourcefulness of the team. You won't achieve business success, or any investment returns without both.  ------------ Host: Victor Menasce email: podcast@victorjm.com

E88: SAFE stands for Simple Agreement for Future Equity. The current industry agreed upon standard form of SAFEs is available at the YCombinator website. David interviews an expert on SAFEs, Matt Dunbar a Director of VentureSouth, about the origins of the SAFE, it's intent, it's advantages, disadvantages and the attempt to improve the SAFE with a new version in 2018, the post-money SAFE. We discuss why Angel Investors don't like SAFEs and why they still persist. (recorded 8/28/23)We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. If you like the podcast, leave us a review and share with your friends! Follow David and Paul on LinkedIn to stay updated on the newest episodes. To learn more about the RollingSouth Funds, visit rollingsouth.vc or email david@rollingsouth.vc. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD

SAFTP means Simple Agreement for Future Tokens, that addresses the challenges faced by token issuers by providing a structured and compliant framework for conducting token offerings. It bridges the gap between traditional securities laws and the innovative world of blockchain technology. Synergy Global Enterprise LLC City: singapore Address: 111 North Bridge Road #21-01 Website https://pixelproduction.com/ Phone +65-9181-7041 Email gopi@pixelproduction.com

In our last live session on “Simple Fundraising for Start-ups using SAFE and Convertible Notes” Attorney ⁠Mengxin "Esther" Cui⁠ and Client Services Manager ⁠Arianna Gonzalez, MBA⁠ takes you through the ins and outs of fundraising using Simple Agreement for Future Equity (SAFE) and Convertible Notes, two popular investment instruments for early-stage businesses. Whether you are a seasoned entrepreneur or just starting with your business idea, understanding the nuances of fundraising options is crucial for your startup's success.

Das simple agreement for future equity ist eine für den österreichischen Markt relativ neueFinanzierungsform. Welche Investmentstruktur dahinter steckt und welche Vorteile diese gegenüber herkömmlichen Finanzierungsformen hat – diese und weitere Fragen werden von Frau Mag. Angelika Kurz, Rechtsanwaltsanwärterin bei Herbst Kinsky, beantwortet. --- Send in a voice message: https://podcasters.spotify.com/pod/show/lindeverlag/message

Steve Distante welcomes Franz Hochstrasser of Raise Green to talk about SAFE or the Simple Agreement for Future Equity, which is a security that is often used in early-stage investments. The conversation discusses the rise of private investment through crowdfunding portals, which has been a democratizing force in the securities market. The focus is on mission-driven companies, which have historically struggled to access capital. They also share the challenges that exist in the space, such as companies that take in money and don't pay anything back. Who's The Guest? Franz Hochstrasser is the CEO and co-founder of Raise Green. He is the former Obama appointee on energy and climate for the White House, the US State Department, and the United States Department of Agriculture. He was also part of the core team that negotiated the Paris Agreement. Highlights How regulation crowdsourcing works The regulation crowdfunding rule and its impact on private investment The main focus of Raise Green Climate tech venture: Water filtering for the developing world Crowdfunding options for startups What a perfect deal is Investing in the clean energy transition The future of climate change What the future of investing looks like The importance of a good team in creating successful business ventures How to have a good support system in entrepreneurship The power of investing in sustainable solutions Call to Action Join the Early Access List Episode Resources Connect with Steve Distante https://pitchology.ai/ https://joinvanderbilt.com/ https://www.facebook.com/stevedistanteCEO/ https://www.linkedin.com/in/stevedistante https://twitter.com/Sdistante https://www.instagram.com/sdistante/ Connect with Franz Hochstrasser https://www.raisegreen.com/ https://www.linkedin.com/in/franzhochstrasser https://twitter.com/franzish 

Template available at: https://jamesbachini.com/saft/ This is an audio recording of a video production that may contain visual elements including charts, slides and demonstrations. For the full video please check out the YouTube channel at https://www.youtube.com/c/JamesBachini There's more in depth content about digital assets, DeFi and blockchain development at https://jamesbachini.com/

Back on the show for the second time (head to episode 37 for their full startup story) Justin Kopetzki generously gets us up to speed on the last12 months of the Justo's operation. To say it's been a busy 12 months for the boys would be accurate, predominantly due to a recent transition of production to a new contract manufacturing partner located across the ditch in Vancouver. The process of finding a suitable partner wasn't quick, and ultimately resulted in the requirement to trim their SKUs down to their strongest 3 - causing much debate and the cutting of some emotional ties when deciding to drop their Hummus dips, of which the business was launched and built.  We also cover the preparation of the business for a soon to be happening investment round, a little on branding, their 1% FTP & B-Corp certifications and future aspirations.  _______________________________________ With their HQ located in Victoria, BC and established in 2019 Justo's is a business with a focus on creating delicious plant based dips, while on the mission to leave a positive impact on both people and the planet. With well over 80 retailers & restaurants serving their shelf stable and delicious dips, I'm sure you would agree that the Justo's team of four - Justin, Eric, Tyler & Adam are not only an inspiration to watch while building something big, but always a pleasure to see and chat with at trade shows & events. ________________________________________ Web: https://justos.ca/  IG: @justos.ca  LinkedIn: Justin Kopetzki Email: justin@justos.ca  Simple Agreement for Future Equity (SAFE) Brand and packaging design by Hope Aylen @ https://www.designfulhope.com/  ________________________________________

Join us as Nonopa, one of the most influential voices in Legal Tech today when it comes to leveraging successful technologies and methodologies from outside the Legal domain discusses why Legal Tech needs to follow their lead! John provides Intro on Nonopa and shares her Background:   00:37 – 02:15Nonopa gives some additional info on her background:    02:16 – 03:06 Don't SUCK Fun Fact – Nonopa is a certified No-Code developer and as such has actually built her very own BOT !  It's really quite cool as it is an automated SAFE agreement (Simple Agreement for Future Equity) which is a quite a popular agreement for startups looking for an IPO in the future.:  03:08 – 05:39 Nonopa talks about what inspired her to write the article in Legal Business World Magazine regarding technologies that the Legal Domain could take some lessons from:   05:40 -  07:04  Nonopa discusses why in the article she chose to focus primarily on 4 domains, Pharmaceuticals, Technology, FinTech and Marketing.:  07:05 – 09:15Nonopa shares how Legal Tech is becoming saturated with document management solutions and how everyone is attempting to sell them to the same prospects….and that a better model might be one that FinTech is deploying.   :  09:16  -  12:01  Nonopa talks about all the learning that can come from the Marketing domain as other industries are really taking advantage of AI and Big Data to hone in on the sector of firms they are targeting but also the custom tailored messaging that technology can now provide.  Lawyers need to be on social media platforms Nonopa says!:  12:02 – 15:34Nonopa shares her strategy on aligning the right technology for a firms needs: 15:35 – 17:16Nonopa shares her views on where the industry is heading in the future: 17:17 – 18:50 John Reviews some of the things that ABSOLUTELY DIDN'T SUCK today!! :18:51    20:05  Nonopa's Contact Info:LinkedIn – Nonopa Vanda https://www.linkedin.com/in/nvanda/Email:  nonopa28@gmail.comTwitter:  NonopaVandaConclusion:  20:40 Bob Miller Intro with Music Fade

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. SAFE stands for Simple Agreement for Future Equity. SAFE notes were created to provide a convertible note-like structure for startup funding but without interest rates or maturity dates.  The SAFE note operates like a warrant which gives the investor the right to buy shares in a future-priced round. SAFEs are similar to convertible notes as they eventually convert to equity, but are different as they are not debt instruments. There are many flavors of SAFE notes. Some come with valuation caps and some do not. Some come with discount rates and some do not.  Startups use them because they are simple, although the cap table treatment later may require more work. Technically, you should have a C-Corp if using a SAFE note as it must be noted on the cap table.  Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out   For Feedback please contact info@tencapital.group   Music courtesy of .

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Many startups use SAFE notes and Convertible Notes for their early-stage investments. So what’s the difference? A convertible note is a debt instrument that converts into equity later upon an event such as raising an equity round or reaching a maturity date. A SAFE is a Simple Agreement for Future Equity which is a warrant to purchase stock in a future priced round. The SAFE can convert when you raise any amount of equity investment and does not give the entrepreneur control of when to convert. Convertible notes are considered to be legal debt, while SAFEs are warrants. Neither a SAFE nor a Convertible Note set the valuation, but rather takes the valuation from the equity round. Convertible Notes include an interest rate while SAFE’s do not.  Most convertible notes have a maturity date while SAFEs do not.  Convertible notes contain a discount rate which provides additional shares to the investor for investing early. SAFEs have no discount rate. SAFEs are often considered the simpler option compared to a convertible note, but as you can see the convertible note provides more options. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let’s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out   For Feedback please contact info@tencapital.group   Music courtesy of .

In this episode from Law Insider, Chilean startup attorney Matias Vukusic tears down the Y Combinator SAFE Agreement, or Simple Agreement for Future Equity. Matias talks about identifying impostor SAFE agreements, determining “reasonableness” when advising a very young company, and shares an exciting announcement about the future of the Contract Teardown Show. Y Combinator's SAFE Agreement is a key document for any young startup to consider, so let's tear it down.

In this episode of From Solid Ground to Resilient, I'm discussing how I got my book deal with Wiley Publishing. Resilient: How to Overcome Anything and Build a Million Dollar Business With or Without Capital is now available for pre-order here: https://www.amazon.com/Resilient-Overcome-Anything-Million-Business/dp/1119773873 I'm also bringing on a special guest and friend, Amber Cabral. Amber is an Inclusion Strategist, certified coach, speaker, and the author of Allies and Advocates: Creating an Inclusive and Equitable Culture which was released last November with Wiley. You can learn more about her work and order her book on her website https://www.ambercabral.com/ What to expect when you purchase my Resilient book: Resilient delivers an invaluable collection of private journal entries mapping out a path from bootstrapping a multi-million dollar business to raising millions in Series A funding for another. Entrepreneur and Resilia CEO Sevetri Wilson describe her journey from self-funding to venture capital success. Written for ambitious and aspiring entrepreneurs like herself, Wilson covers a wide variety of topics about the entrepreneurial journey:  How to go from idea to product The correct way to dive into the hiring process Preparing to raise money Building a tech company as a non-technical founder How to select the right accelerators, programs, and pitch competitions Creating wealth while building a business The author also shares her “Simple Agreement for Future Equity” (SAFE) agreement and first pitch deck. Perfect for entrepreneurs, startup enthusiasts, and founders, Resilient belongs on the bookshelves of anyone interested in the process of bootstrapping and/or raising capital to grow a business in any sector. Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is another business idea talking about how to simplify the complex world of terms and conditions. Feel free to check out my other media! Insta & TikTok: @im.the.ryan Twitter: @distracted_ryan YouTube: Real with Ryan

It's been another wild week in the crypto world, culminating in that most momentous event: the halving of bitcoin. On May 11, 2020, bitcoin halving took place, taking the reward earned by miners down from 12.5 BTC to 6.25 BTC (http://ccw.fm/fNWp3). All week, anticipation had been growing, although on episode 108 of the Wild West Crypto Show, hosts Drew Taylor and Brent Bates maintained their usual cool. The two crypto cowboys are dedicated to keeping viewers in the loop in a calm, collected way. Jonathan Keim, communications director of CryptoCurrencyWire, showed up with his usual trifecta of news items. This is the third time bitcoin has halved. The cryptocurrency has been programmed to do exactly that each time another 210,000 blocks are added. The first halving took place in 2012, taking the block reward to 25 BTC, down from its original 50 BTC. In 2016, the second halving reduced the reward even further to 12.5 BTC. Now, after the latest halving, a block reward is just one-eighth of what it was when the first bitcoin block was mined in 2009. The immediate effect is that some mining operations may become unprofitable. If those miners cease operation, the supply flow of bitcoin is likely to fall, at least in the short term. Keim kicked off his reporting with the news that the Stellar Development Foundation has invested $5 million in Abra, a global-investment platform that allows users in more than 150 countries to transact in over 100 different cryptocurrencies via a single app (http://ccw.fm/a2Mg8). The collaboration with Stellar, a fast, scalable, distributed ledger-based network, has advantages for both parties. Abra will be able to utilize Stellar as its blockchain backend, while the Stellar network will now feature a wider range of services. The review that followed – ‘Noncustodial Crypto Investing App Ember Fund Raises $700K Via Crowdfunding Sale' – shows that the crypto space is gaining increasing acceptance from the feds (http://ccw.fm/xWK5c). Ember Fund plans to use the funds on “customer acquisition and building out the smart contract technology that powers the Ember app.” The offering was made on the Republic investment platform and took the form of ‘Crowd SAFE' (Simple Agreement for Future Equity) securities, which can be converted into equity at some triggering event, such as an IPO or an acquisition by a strategic buyer. Keim's final report – ‘American Express and Credit Suisse Execs Join Blockchain Firm BlockFi' – was a real eye-opener, as it showed how adoption of crypto is increasing (http://ccw.fm/sAl1i). Wittney Rachlin, formerly of American Express, where she grew the business-card vertical by some 20%, has joined BlockFi as chief growth officer, while David Olsson has joined the company as global managing director of European and Asian markets. Previously, Olsson headed a Credit Suisse private banking team focused on ultra-high net-worth clients.

Sanjay Mehta is the Founder and Partner at 100X VC, an early stage venture fund headquartered in Mumbai. Prior to 100X VC, Sanjay was one of India's most active and sought after angels, having made over 130 investments. Few of the startups on his portfolio include OYO, Wow! Momo, FabAlley, Box8, LogiNext and Block.One.Sanjay is an entrepreneur turned investor and prior to his investing days, he founded MAIA Intelligence which was eventually acquired by Datamatics Global Services Ltd.You can follow Sanjay on Twitter – @mehtasanjay. While you're at it, you can follow me too – @bhatvakash.Glossary of terms you will encounter in this episode (in the order of appearance):1. LP: Also known as Limited Partner, is an investor in a venture capital fund. Typically they are pension funds or insurance companies (otherwise known as ‘institutional investors'), but they can also be corporates, wealthy individuals, sovereign funds or governments.2. Deal-flow: Rate at which business proposals and investment pitches are being received by an investor/VC firm.3. Micro VC: It's a fund, aimed at pre-seed and seed (early stage) investing, that is generally smaller than $25M.4. YC: Y Combinator is an American seed accelerator based in the Bay Area.5. SAFE Note: Also known as ‘Simple Agreement for Future Equity' is agreement between an investor and a startup that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment.6. iSAFE Note: Also known as ‘India Simple Agreement for Future Equity'. Similar to SAFE notes, an investor makes cash investment in return for a convertible instrument.7. Network Effect: A phenomenon whereby a product or service gains additional value as more people use it.8. Sector-agnostic: Investments ‘not specific to any particular industry'.9. Vice clause: Restrictions imposed by LPs that prevents a firm from investing in certain sectors such as firearms, pornography/sex-tech, or drugs.10. IRR: Also known as ‘Internal Rate of Return' is theoretically the best way to measure the performance of a venture capital firm.11. Churn: Measure/percentage of customers that stopped using your company's product or service during a certain time frame.12. Unit Economics: Direct revenues and costs associated with a particular business model, and are specifically expressed on a per unit basis.In this episode you will learn:1. Sanjay's background and foray into investing2. Why he backs founders who have failed3. SAFE notes and iSAFE Notes4. What he looks for while investing in startups5. Steps in the evaluation process during an investment6. Areas and sectors of investments for 100X VC7. Where 100X VC and Sanjay stand on investments in Cannabis and Cannabis related startups8. His take on single founder startups9. Challenges in evaluating B2B SaaS startups10. What's more important – product-market fit or founder-product fit11. How Sanjay has evolved as an investor over time12. Anti-portfolio – Deals Sanjay missed out on13. Advice for founders on fund-raising

Never miss another interview! Join Devin here: http://bit.ly/joindevin. Marty Tate, partner at Carman Lenhoff Israelsen, explains in this interview what a SAFE or Simple Agreement for Future Equity is and just how safe it is for both issuers and investors. If you’ve ever wanted to invest in an equity crowdfunding campaign, you do not want to miss this episode. Check out my free webinar where I share the secrets of successful nonprofit crowdfunding at http://crowdfundingforsocialgood.org.

In episode 1 of Hash Power, we explored blockchains as a technology—how they work, why tokens (also known as cryptocurrencies) are an integral part of any blockchain, and how these new networks might change the world. In episode two, we spend time with the leading investors in the field. Like any frenzied asset class, there are countless cryptocurrency hedge funds popping up everywhere. But founders from three of the original firms—Polychain, Metastable, and Blocktower Capital—are our primary guides this week. As I speak, the total market cap of cryptocurrencies is $136B. There are hundreds of tokens currently available, but bitcoin and Ethereum represent 75% of the total market cap. $136B sounds like a big number, but its tiny relative to any other asset class—and I use that term with hesitation. To put it in perspective, that’s exactly the same size as the market cap of IBM. But IBM had more than $10B of earnings in 2016. Tokens have none. As you will hear, valuing tokens is a very hard exercise. In such a nascent world, we are seeing investing strategies take hold. Olaf Carlson-Wee, Josh Seims, and Ari Paul walk us through different takes on cryptocurrency investing, be it early stage, long term buy and hold, or more hedge fund style strategies. Hash Power is presented by Fidelity Investments For comprehensive show notes on this episode go to http://investorfieldguide.com/hashpower For more episodes go to InvestorFieldGuide.com/podcast. To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Links Referenced Fat Protocols (Joel Monegro)   Show Notes 0:05 – Recap of part 1 and introduction to part 2 of Hash Power 2:58 – Ari Paul, CIO of Blocktower explains how he got involved in cryptocurrencies 5:23 – Why do we need bitcoin 7:23 – Polychain Capital founder Olaf Carlson-Wee on why the value of tokens accrue 9:23 – How main stream money is getting into this space 12:26- Useful comparisons when talking about ICOs when compared to IPOs 15:01 - Naval Ravikant, CEO of Angellist, is asked to explain the protocols of cryptocurrencies to platform businesses like Uber or Airbnb 17:43 – Naval’s interest in investing in cryptocurrencies 18:42 – Why average folks should avoid it before they dive thoroughly into the topic 20:25 – what are the most compelling counter arguments to using cryptocurrencies 23:07 - Olaf Carlson Wee on the lifecycle of a token 24:02 – SAFT note, Simple Agreement for Future Tokens 25:31 – What is the earliest stage that edge is most present for investors in cryptocurrency protocols 28:12 – How do you mitigate the volatility that is present in blockchain 31:18 - Jeremiah Lowin, a risk and statistics expert, who runs risk management for a large private family office, talks about why he no longer owns cryptocurrencies  34:19 - Jordan Cooper, a venture capital investor, is optimistic about blockchains in general, but thinks there may be some overvaluations in current currencies 37:02 – How Jordan would value a single cryptocurrency 42:10 – Fat Protocols (Joel Monegro) 43:52 - Josh Seims, of Metastable, the value investor in blockchain? 51:15 - Ari Paul on the equivalent of listed stocks in the crypto currency world 52:33 – Understanding the concept of a coin in blockchain and how people are getting access to them 55:07 – The fairground analogy to understand cryptocurrencies 57:57 – What lessons from traditional markets can you apply to investing in cryptocurrencies 1:02:48 – Where do family offices stand when it comes to jumping into this space 1:06:51 – Ari is asked to discuss some of the alternative cryptocurrencies outside of Bitcoin and Ethereum. He starts with Ripple 1:10:27 – What would help firms or traders create edge in investing in cryptocurrencies   Learn More For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

Juan Benet and Jesse Clayburgh of Protocol Labs, and Ryan Zurrer of Polychain Capital, discuss the Simple Agreement for Future Tokens (SAFT). Inspired by Y Combinator's “Simple Agreement for Future Equity”, the SAFT standardizes the legal framework surrounding token issuance and governs the nature of the transactions involved (i.e. the deployment of capital and distribution of tokens). The complex legal environment surrounding tokens, especially in the US, has led many entrepreneurs to choose to leave Silicon Valley because they can develop the technology better elsewhere. Those who remain in the US have had to compromise on the optimization of their models in order to comply with legacy regulatory frameworks. Recognising these limitations, and seeking to mature the ecosystem beyond such models, several interested parties (including Protocol Labs, AngelList and CoinCenter) have worked together to create standard legal agreements for this novel asset class. Essentially, a SAFT represents a promise for future tokens at a fixed price. The agreement can be structured so that investors receive these tokens when the network launches, or with inbuilt vesting to incentivise continued support by investors. The development of the SAFT model involved consultations with the SEC and CFTC, as well as the foremost legal experts at the intersection of cryptocurrencies, securities law and regulatory compliance. By simplifying token issuance and the requisite compliance concerns, it provides an essential bridging of the gap between current technological progress and future regulation. protocol.ai twitter.com/protocollabs twitter.com/juanbenet twitter.com/jesseclayburgh polychain.capital angel.co/polychain-capital twitter.com/ryanzurrer consensys.net consensysmedia.net https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2

Juan Benet and Jesse Clayburgh of Protocol Labs, and Ryan Zurrer of Polychain Capital, discuss the Simple Agreement for Future Tokens (SAFT). Inspired by Y Combinator’s “Simple Agreement for Future Equity”, the SAFT standardizes the legal framework surrounding token issuance and governs the nature of the transactions involved (i.e. the deployment of capital and distribution of tokens). The complex legal environment surrounding tokens, especially in the US, has led many entrepreneurs to choose to leave Silicon Valley because they can develop the technology better elsewhere. Those who remain in the US have had to compromise on the optimization of their models in order to comply with legacy regulatory frameworks. Recognising these limitations, and seeking to mature the ecosystem beyond such models, several interested parties (including Protocol Labs, AngelList and CoinCenter) have worked together to create standard legal agreements for this novel asset class. Essentially, a SAFT represents a promise for future tokens at a fixed price. The agreement can be structured so that investors receive these tokens when the network launches, or with inbuilt vesting to incentivise continued support by investors. The development of the SAFT model involved consultations with the foremost legal experts at the intersection of cryptocurrencies, securities law and regulatory compliance. By simplifying token issuance and the requisite compliance concerns, it provides an essential bridging of the gap between current technological progress and future regulation. protocol.ai twitter.com/protocollabs twitter.com/juanbenet twitter.com/jesseclayburgh polychain.capital angel.co/polychain-capital twitter.com/ryanzurrer consensys.net consensysmedia.net etherreview.info https://itunes.apple.com//podcast/the-ether-review/id899090462?mt=2

Ep 125 Gautam Tambay of SlideRule joins Nathan. Gautam Tambay is the co­founder and CEO of SlideRule, an educational institution that teaches design and technology online, with one­on­one mentorship from industry experts. He’s passionate about helping people achieve their full potential. Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive 3 Key Points: Offer free content for lead generation. Offer greater value than competitors. Convertible S.A.F.E for funding. Episode Notes:  01:02 – Nathan’s introduction to today’s show 01:30 – Gautam joins the show 01:38 – How SlideRule works – an online school with one-on-one expert mentorship 02:23 – SlideRule was created in 2013 02:29 – Course costs and payment system 03:00 – www.mysliderule.com 03:26 – Enrolment numbers and revenue to date 04:45 – Finding customers through content marketing 05:26 – SlideRule offers a free UX design course for lead generation 06:01 – Mailing list +80,000, 2-3% conversion rate per month 06:38 – Funding – backed by Angel investors, raised just under $1 million 07:01 – Investment via Convertible S.A.F.E. (Simple Agreement for Equity) 08:00 – Cap on investment 09:00 – Gautam is 32, his first start-up. 09:08 – Mark Suster Is it time for you to earn or to learn? 09:35 – Find Gautam on Twitter @Gautambay 10:57 – The Famous Five Resources Mentioned: Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects. SlideRule Is it time for you to earn or to learn? @Gautambay Getting to Leadership Steve Jobs Famous 5 Favorite Book?— Getting to Leadership, Steve Jobs biography What CEO do you follow?— Steve Jobs What is your favorite online tool?— Evernote Do you get 8 hours of sleep?—No (catches up on weekends) If you could let your 20-year-old self know one thing, what would it be? Take more risks, dive into entrepreneurship           Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop The Top is FOR YOU if you are: A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4) STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7) An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1) The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14). Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.   Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

FLAGSHIP FRIDAY (8/23/19) Rapid Fire Pro Crypto Overstock.com CEO Patrick Byrne resigns.  Banano has released their whitepaper, and I'm pissed it's not called a Yellow Paper. Holy shit I clicked on it and it's a yellow paper. Pepe is on the cover. Omg it's animated lol Horizon State (HST) Folds - maybe we should have a that's a scam rapid fire? Lumiflux and his Dust Attack Someone on reddit posted a reminder that this would not work on Monero. (2020 Presidential candidate Andrew Yang is in favor of blockchain voting) - K Running on Dem ticket, outsider type On his site in his policies he has "modernize voting" section With current tech we shouldn't have to wait in line at polling stations Machines being used are just as vulnerable to tampering/hacking "Americans should be able to vote via their mobile device, with verification done via blockchain. This would dramatically increase participation in all elections, whether local, state or federal." "It is 100% technically possible to have fraud-proof voting on our mobile phones today using the blockchain." Modernize Voting - Andrew Yang for President CRYPTO AROUND THE WORLD Bitcoin & The Hong Kong Protests - K Going into 11th weekend of protests, 1.7m people marching (about 25%) One of the Crypto ATM providers, Genesis block, giving out water bottles and umbrellas Funded by international BTC donations Bottles themselves have QR code to donate more btc to fund more supplies (rant) Overall ATM providers say they see a decrease in volume (about 10%) and premium price in HK dollars Ukrainian Power Plant Officials Accused of Unauthorised Cryptocurrency Mining - K There is definitely a demand for cheap power, operations setting up in SBU discovered cryptocurrency mining operations at one of the country's nuclear plants alleges that the internet connection installed to facilitate the mining operation posed a significant security risk local court said confidential data about the plant’s operation has also been leaked online. Iceland, thanks to its near-endless geothermal energy Canada - Hydroelectricity Iran - Subsidized energy So the people working at the plant saw a chance to pay no power costs Saw this in Venezuela as well since government subsidizes power A miner in China serving 3.5yrs for stealing energy from a train network for a 50 rig set up (rental near train lines) Moscow's blockchain voting system cracked a month before election - K French security researcher, Pierrick Gaudry, has found a critical vulnerability in the blockchain-based voting system Officials planned on using it for the elections...next month Gaudry figured how to derive private keys from public keys He basically said its because they used a method which uses encryption key sizes that were too small to be secure. Dude's Quote It can be broken in about 20 minutes using a standard personal computer, and using only free software that is publicly available We dont know exactly what he could do with the private keys, protocols not in English yet. "In the worst case scenario, the votes of all the voters using this system would be revealed to anyone as soon as they cast their vote." TBF - This was thanks to officials posting it on Github and asking researchers to attack Moscow officials agree key is too small, that it was only for trial period. They said they would go from 256 bits to 1024 Gaudry thinks they need 2048 And Gaudry will get $15k (1m Ruble) THAT'S A SCAM Long Story of a Scam - Reddit - B Guy under the username Montana02115 named Dean starts it. User reporting is IdkWutImTalkingAbout Asks him about some project called NKN. Dude says he works with a team that handles private sales of equity for IEOs etc and invites the guy to his Team Speak. Gets welcomed to the research team. Sends a SAFT for a token called Perlin - WTF is a SAFT? Well it stands for Simple Agreement for Future Tokens. This is basically a pinky promise to deliver tokens when something is operational. Since it's "later" it skirts the acredited investor rule. They then ask people what they want to contribute. The people really do send ETH transactions, and are either also scammed or in on it. First one is for 1100 ETH. That's the only transaction he saw, and they said they'd collected 11K ETH so far, so this guy sends 10 ETH, all of his money, and he gets sent a Perlin token. Well it looks like it's a fake token that's been created to LOOK like Perlin. The token even was being held in a Binance wallet, but of course whoever made it could have sent it there. Perlin hasn't had their token generation yet. He brings that up and is instabanned from the group. Then he convinces them to let him back in, and they're doing another one for a token called Sovrin which also hasn't had a Token Gen. They scedule another sale, and he isn't there and gives some excuse. Miraculously no one else is there either so they decide to have it the next day. That day when he said he was low on funds he got banned from the chat. Reddit figured out who the guy was and he created his own subreddit called BinanceIEO List of scams - A Messari.io - B I saw that Cardano joined the Messari Disclosures Registry so it piqued my interest. They focus on transparency for these projects. They also have their own market cap numbers They have a methodolgy for prices and for supply numbers that is interesting. They use - Maximum, Diluted to 2050, Outstanding, Liquid, Ciruculating