A safe is a Simple Agreement for Future Equity. An investor makes a cash investment in a company, but gets company stock at a later date, in connection with a specific event. A safe is not a debt instrument, but is intended to be an alternative to convertible notes that is beneficial for both companies and investors.
December 20, 2018
March 19, 2019
Open to Investors
Intermediary Fees: 6%
Campaign marketing expenses or related reimbursement: 16% - 14%
Estimated Attorney Fees: 6% - 1.4%
Estimated Accountant/Audit Fees: 4% - 2.8%
General Marketing: 4% - 6.5%
Research and Development: 20% - 23.4%
Future Wages: 0% - 9.35%
Accrued Wages: 40% - 18.7%
Accrued Expenses of Managers and Officers: 4% - 1%
General Working Capital: 0% - 16.9%
Francis Hwang — CEO & Founder
Francis has over a decade of experience in creating, launching, and managing successful businesses. Having always gravitated towards enterprises and ideas that question and disrupt the status quo, it was a natural step for Francis to start Bucket Technologies. Coming up with the concept for Bucket over 10 years ago, Francis finally set aside other ventures to focus and commit to his mission of eliminating coins and alleviating the environmental and governmental stresses from the production, distribution, and management of coin currency.
Daniel Kam — COO & Founder
Daniel is a successful entrepreneur who has launched and built several businesses in the technology, managed services, manufacturing, and hospitality/F&B industries. He has over 20 years of B2B/B2C sales and marketing experience within various commercial sectors including cloud-commerce, telecommunications, and graphic arts. Daniel regularly speaks and networks with leading companies and organizations on topics such as leadership, innovation, branding, and operations management.
There are no additional research reports currently.