simple agreement for future equity
/S IH1 M P AH0 L AH0 G R IY0 M AH0 N T F AO0 R F Y UW0 CH ER0 EH0 K W AH0 T IY0/N
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A simple agreement for future equity is an agreement between an investor and a company 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.
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