When diving into the world of startup funding, one quickly encounters the term “SAFE.” But what exactly is a SAFE, and why is it crucial for game developers, early-stage tech startups, and content creators to understand it? What is a SAFE? A SAFE, or Simple Agreement for Future Equity, is an investment contract between a …
The past couple of years have been a rollercoaster for the games industry, with significant layoffs and economic challenges dampening spirits. However, 2025 brings a sense of optimism. Many have managed to “survive to 25.” The industry is poised for recovery, with growth opportunities across emerging markets, cultural shifts, and technological advancements. Political uncertainty may …
The Games Industry in 2025: Our Optimistic Perspective Read More »
Unlike a traditional priced equity round, a convertible note is a type of debt that converts into equity (typically during a future financing round). Essentially, it’s a loan made to a startup by an investor, with the expectation that the loan will convert into shares of the company’s stock at a later date. This instrument …
Convertible notes are a tool for early-stage fundraising Read More »
When it comes to employee compensation, companies can offer more than wages and salaries. One of the most popular choices is granting employees equity, giving them a sense of ownership and aligning their interests with the success of the business. For interested companies, one of the best ways to accomplish that goal is through a …
Understanding Stock Incentive Plans and Rule 701 Read More »
What is a SAFE? An equity instrument that usually comes in one of three types: Discount, Valuation Cap, Most Favord Nation (MFN). Read More>>
Firm challenges US Patent and Trademark Office’s privacy-compromising requirement for domicile addresses FOR IMMEDIATE RELEASE Raleigh, NC – 16 July 2024 –Odin Law and Media (OLM), a leading firm specializing in digital media and game development law, is proud to announce its representation of the International Game Developers Association (IGDA) and CodeMiko in filing an amicus brief …
As founders look to raise capital, Simple Agreements for Future Equity (SAFEs) present a streamlined option. However, like any financial instrument, SAFEs come with their own set of risks. Understanding these risks is vital for making informed decisions and protecting the future of the business. 1. Valuation Cap Uncertainty SAFEs come in different forms. One …
When working on a game development or software project, understanding open source licenses is crucial. These licenses dictate how developers can use, modify, and distribute open source software. In this blog post, we’ll break down the essentials of open source licenses, focusing on the differences between permissive and copyleft licenses, and how they impact the …
Understanding Open Source Licenses: A Guide for Game Developers Read More »
Vtubers are like any other online entertainer or content creator: they also stream themselves playing video games, create YouTube videos, write and perform music, voice act, or just chat with their audiences. What sets Vtubers apart from other content creators is that they present themselves mainly or wholly as an animated avatar, often in the …
The FTC, relying on Section 5 and Section 6(g) of the FTC Act, issued a final rule on April 23, 2024 banning the use of non-competes nationwide. The ban will go into effect 120 days after the publication in the federal register (note that publication has not happened yet and the predicted effective date will …