How Safe is SAFE?

The tools for startup financing develop over the years. Recently, the tool that becomes more and more popular for startups financing is the SAFE – Simple Agreement for Future Equity. In the Safe framework, the investor grants the company an investment and in consideration receives from the company an obligation to be issued shares upon […]

Legal Departments Know What They Want

As in other places in the world, the internal legal departments of Israeli Hitech companies are growing. Thus, they are measured more like other departments in such companies, i.e. per performance and budget. As a result, the sophistication level of such departments in the manner they purchase legal services increases. That sharpened external law firms […]

Yes to Privacy, No to Exits

  A new directive by the Privacy Protection Authority may lay a deathblow on exits, mainly by companies selling to consumers   The New Directive Most data held by commercial companies with respect to their customers is subject to the Israeli Privacy Law. Such statute focuses on the duty to register data bases with the […]

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