Conor Dougherty reported in Monday’s New York Times that, “Three years ago, Kate Rogers was caught in the Bay Area struggle. She paid the astronomical rents. She did the crushing commute. She lived the frustration of always thinking about money even though she was a well-paid professional in the booming technology industry. “And then, just… Continue Reading
Category Archives: Start-up Company Law
Bay Area’s Explosive Growth: An Impetus for Startups to Expand to Regions with Lower Wages, Real Estate Costs
German Bankers Seek to Boost European Tech-Startup Scene
Eyk Henning reported in today’s Wall Street Journal that, “More German bankers are trading ties for T-shirts and trying to boost the country’s struggling tech-startup scene. “Axel Hoerger spent 20 years rising through Goldman Sachs Group Inc. and UBS Group AG. Last year, he shifted gears and launched a messaging app called Poltergeist.” The Journal… Continue Reading
Antitrust Regulators and Defensive Internet Acquisitions of Emerging Start-ups
Steven Davidoff Solomon indicated in yesterday’s New York Times that, “Walmart’s $3.3 billion acquisition of Jet.com can be expected to sail through antitrust review, eliciting barely a peep of objection from the federal government. “Like Facebook’s acquisition of WhatsApp, the Walmart deal will probably end up being another example of an upstart internet company being swallowed… Continue Reading
Chattanooga Seeing Returns From Tech Hub
Keith Schneider reported in today’s New York Times that, “From Boston to Seattle, cities across the country are vying to create technology hubs, spurring real estate developments to attract start-ups and young entrepreneurs. “To the south, this smaller but thriving city is seeing returns on its effort to do the same. Chattanooga has leveraged its… Continue Reading
Susa Ventures Opens a New $50-Million Fund
Paresh Dave reported in yesterday’s Los Angeles Times that, “The investment firm Susa Ventures won’t have any partners based in Los Angeles as it begins investing from a new $50-million fund. “Susa unveiled its second fund — double the size of its first — Tuesday. In looking at the first batch of investments, Susa’s geographically… Continue Reading
Some Start-Ups Set Terms for Employees to Cash Out
Katie Benner reported in today’s New York Times that, “Technology start-ups have long wrestled with a conundrum of how to reward their employees. Many of their workers are compensated with lucrative piles of a start-up’s stock, but cannot cash it in because the shares do not trade publicly. “So private companies such as Pinterest and… Continue Reading
As Venture Capitalists Grow Pickier, Some Startups Cash Out Before IPOs
Rolfe Winkler reported on the front page of today’s Wall Street Journal that, “Jet.com Inc.’s decision to scrap its ambitious plan to challenge Amazon.com Inc. in favor of a $3.3 billion sale to Wal-Mart Stores Inc. marks the third time in recent weeks a cash-guzzling startup has chosen to sell [The other two are: Uber Technologies Inc…. Continue Reading
Litigation Funding is Moving into the Mainstream Through Startups
Sara Randazzo reported on Friday at The Wall Street Journal Online that, “Once reserved for hedge funds and other deep-pocketed investors, litigation funding is moving into the mainstream through startups like LexShares in Boston and Los Angeles-based Trial Funder Inc., a website that raises funding for personal-injury and civil-rights cases. “With promises of double-digit returns,… Continue Reading
Startups Seek to Challenge Craigslist
Rolfe Winkler reported today at The Wall Street Journal Online that, “An arms race is heating up to replace Craigslist, the dominant force in online classifieds the past two decades. “Startup companies OfferUp and Letgo are surging in popularity among people looking to buy and sell everything from used clothes to used cars through their… Continue Reading
Space-Exploration Startup Moon Express Inc. Gains Regulatory Authorization for Mission
Andy Pasztor reported today at The Wall Street Journal Online that, “After six years of effort and about $30 million in investments, space-exploration startup Moon Express Inc. just became the first commercial venture to get U.S. regulatory authorization for a mission beyond Earth’s orbit. “Now the Northern California-based company and entrepreneur Naveen Jain, its chairman… Continue Reading
