Michael J. de la Merced reported this week at The New York Times Online that, “As interest in flying cars continues to swell, one of the most prominent start-ups working on the technology has gained a big new backer. “Lilium Aviation, a German company that held a successful test flight of the Eagle, its two-seat… Continue Reading
Category Archives: Start-up Company Law
Cargill Invests in “Clean Meat” Startup Company
Jacob Bunge reported yesterday at The Wall Street Journal Online that, “Cargill Inc. is betting you won’t always need cattle to make hamburgers. “The agricultural conglomerate has invested in Memphis Meats Inc., a startup developing technology to grow meat from self-reproducing animal cells. The stake marks the first investment by a traditional meat company in… Continue Reading
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Large Venture-Capital Funds Piling Up in Silicon Valley
Eliot Brown reported last week at The Wall Street Journal Online that, “Giant venture-capital funds are piling up in Silicon Valley, a sign that foundations, pension funds and endowments are still willing to rush money into the risky startup sector despite lingering concerns about overheated valuations. “The latest firm to raise a jumbo-size fund is… Continue Reading
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New York Governor Signs Legislation to Allow Farm Distilleries to Sell New York State Labelled Beer, Wine, and Cider for On-Premises Consumption
The Associated Press reported yesterday that, “Farm distilleries can now sell New York state labelled beer, wine and cider for consumption on-site. “Gov. Andrew Cuomo signed legislation approving the sales on Tuesday. The Democrat says it allows for new revenue streams and exposure for brewers, distillers, winemakers and cider makers.” The AP article explained that,… Continue Reading
Also posted in Agriculture Law
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Collaborizm, a Kickstarter-esque Website- Specializes in Helping Companies in the Pre-incubation Stage
Steven Rocker reported yesterday at The New York Times Online that, “When a huge earthquake hit his hometown in Nepal in 2015, Madindra Aryal and his family had to stay in tents without electricity. He and his neighbors lived in complete darkness at night, and they could not charge their cellphones, which meant they were… Continue Reading
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Farm Start-up Plenty Raises $200 Million
An article posted last week at the BBC Online reported that, “Plenty, a San Francisco vertical farming start-up, has raised $200m (£154m) from big-name investors that include Japanese media giant SoftBank, Alphabet’s Eric Schmidt and Amazon boss Jeff Bezos. “Plenty said it would use the money to expand in the US and abroad. “The firm,… Continue Reading
Also posted in Agriculture Law
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Startup “Brandless,” Implements Different Business Model in Online Retailing
Sharon Terlep reported earlier this month at The Wall Street Journal Online that, “A new online retailer is betting it can get American shoppers to break up with big brands from Colgate to Heinz. “Called Brandless, the San Francisco-based startup on Tuesday [July 11] started selling generic, health- and environmentally conscious consumer staples, such as… Continue Reading
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Board Members Resign at Healthy Food Start-Up, Hampton Creek
Nick Wingfield reported yesterday at The New York Times Online that, “Nearly the entire board of Hampton Creek, a high-profile food start-up responsible for the Just Mayo condiment, resigned last month, leaving the company’s founder and chief executive, Josh Tetrick, as its only member. “The resignation of the four board members was the latest sign… Continue Reading
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In Business Creation at Universities, UCLA Tops the List
Ronald D. White reported in today’s Los Angeles Times that, “Since joining UCLA’s faculty in 1988, urology researcher Arie Belldegrun has developed a specialty: starting companies with the university’s help. “Belldegrun’s track record includes selling his first company, the Santa Monica cancer therapy biotech Agensys Inc., for more than $500 million. In 2009, Belldegrun’s Cougar… Continue Reading
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Crowdfunding Concept Coming to College Savings
A recent Associated Press article reported that, “People have used crowdfunding sites to raise money for business ideas, help afford medical emergencies and even to pay for vacations. Now the concept is coming to college savings. “More 529 plans, the accounts that give families a way to put away cash for college, are adding crowdfunding-like… Continue Reading
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