Jim Mutter Jim Mutter

Structuring Your Tech Startup

What should the initial capital structure look like?

Types of Shares in a Corporation: A corporation can have one or more classes of shares. In Canada, when there is only one class of shares, it must include certain rights, such as the right to vote, receive dividends, and claim remaining assets upon dissolution. Additional classes of shares, like preference or preferred shares, may be created to attract specific types of investors, offering them different rights.

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