J-KISS — the most popular investment among seed-stage startups

J-KISS : Japanese version of Keep It Simple Security is the easiest and simplest contract to raise fund. 9 out of 21 startups got investment by 500 Startups Japan actually used J-KISS.

Usually getting investment needs lots of work, creating bunch of official documents, getting prepared for signing for investment contract, and so on.

For more information, jump to 500 Startups Japan page
→ https://500startups.jp/j-kiss/

The investment contract of J-KISS is on online, and you can download it free on 500 Startups Japan page. Most importantly, it’s in English!

KISS -originally from Silicon Valley

The concept and scheme of J-KISS was originally developed in Silicon Valley, with the great idea of “get investment fast, grow fast, find the right market, and then make use of convertible stocks on Stage-A level.”

As 500 Startups Japan states, J-KISS leads startups to the next stage in the shortest time, and that’s attractive for investors and VCs as well.

The main difference between KISS in Silicon Valley and J-KISS in Japan is the difference of Corporation Law.
In Japan we have to register a company (登記 -Toki）and submit several documents. The owner of the company has to describe about general meeting of shareholders on the Toki application during the registration process. These kinds of registration process make the different steps to practically apply KISS into Japanese market.

For more information

We will have a session with Lawyer Watanabe, who’s expertise in investment, M&A and capital gain.

It’s on December 14th at SPACES Otemachi. We will update the information on TOSBEC Facebook page, so keep your eyes out for the next event!