One Clause That Could Kill Your Startup

You’ve probably heard stories of founders losing their startups to venture capital firms and other investors? Although not often, it does happen. And the mechanism that makes it happen might be sitting on your term sheet. VCs often invest in early-stage, speculative startups with uncertain valuations. Sometimes their $200,000 for 10% of your company is … Continued

Ontario Securities Commission Updates Rules on Equity Crowdfunding, Startup Capital

In an update released quietly last week, the Ontario Securities Commission (OSC) made important announcements on new rules for how startups can raise capital in Ontario, including equity crowdfunding and the friends and family exemptions.   Friends and Family Exemption The big news is that the OSC has finally published the Friends and Family prospectus … Continued

How Voltera Crowdfunded 300% of Its Goal in Under 24 Hours

Waterloo-based Voltera has blown past its $70,000 Kickstarter funding goal, reaching $223,149 (more than 300%) since Tuesday for its instant circuit board prototyping machine. It’s no mystery why. Product iteration is the holy grail for startups, and Voltera just invented warp-drive for hardware makers by reducing the time it takes to prototype a circuit board … Continued