It’s easy to get the impression, particularly when all you read about startups is a handful of publications representing a pocket (albeit a very vocal one) of the broader tech ecosystem, that the legal decisions startup entrepreneurs often face have all been standardized and templatized. But in truth, this is a façade. Extremely important, and […]
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/9/2019 featuring funding details for Glitch, Kaleidoscope Labs, several unreported rounds, and much more.
Raising money, particularly in a VC round with outsiders planning to join a startup’s Board of Directors, is often a founder’s first real introduction to corporate governance. A Board of Directors – the head governing body of a classically structured startup – approves all of a company’s most important decisions (including hiring/firing executives). Boards have […]
Whenever an influential organization publishes a “standard” financing document, important questions need to be asked about not just its specific terms, but also the entire concept of “standard” terms in general, and potential biases in their creation.
Spend enough time working in startup ecosystems, and you’ll hear a whole spectrum of conflicting advice about startup legal fees and working with lawyers; some of it great, and some of it total nonsense.
There’s a game that, as Startup/VC lawyers, we’ve seen played out across many ecosystems. We’ll call it “own the lawyers,” and because it benefits repeat players (professional investors, service providers) at the expense of first-time founders – and the former are usually the people controlling the microphones – it rarely gets discussed publicly.
There’s been plenty of ink devoted to the meteoric rise and precipitous fall that’s taken place in the cryptocurrency market in 2018. Opinions on the topic are a dime a dozen, but the one consensus seems to be that nobody’s sure where the bottom will ultimately turn out to be. For those invested in individual […]
Ahead of DATAx New York’s AI & Big Data for Banking Summit, we speak to Poulomi Damany, vice-president of data product management at Credit Karma, about the how the personal finance company utilizes AI and analytics to enhance its customer service
If you’re thinking about investing in non-traditional asset classes, fine art should be high on your list of options to explore. Over a span of several decades, fine art’s favorable investment characteristics, such as its ability to act as a store of wealth to hedge against inflation and currency devaluation, have made it an increasingly […]
Entrepreneurs are a different bunch with loads of potential business ideas that on occasion need to be brought to life online. The good news is that it is easier than ever before to take an idea and bring it to market. Shared hosting plans are affordable and serve up a simple setup process. Combine that […]
The auto insurance industry is one that’s almost as old as the automobile industry itself. To be specific, it dates back to 1897, when Gilbert J. Loomis of Dayton, Ohio purchased the first ever auto insurance policy from the Travelers Insurance Company. Since then, as automobile ownership has exploded, and various jurisdictions have made auto […]