FrontFundr made an important decision for our future this year: in order to continue to help more Canadian businesses grow, we needed to have a physical presence in the country’s financial capital. And so it was decided that myself and Steve Smith would relocate from Vancouver to Toronto to open our third office.
Since the inception of FrontFundr, we’ve been advocating for inclusive and accessible private capital markets. Every day our platform is unlocking investment opportunities in private companies for a wider investor community, while providing those companies with better access to capital.
Back in June we talked about our take on security versus utility tokens. If you missed it, you can read that post here. Now we're taking a look at Simple Agreements for Future Tokens (SAFTs) as a way for issuers to structure their offerings.
Here at FrontFundr, we talk to a lot of companies determined to issue utility tokens. Unfortunately (and often after enduring high legal bills to structure the potential utility token offering) most of those companies realize it's nearly impossible. Read on to find out why: