History is all too often repeated when start-up founders fail to plan for when (not if) they don’t see eye-to-eye.  Relationship breakdowns and messy founder departures are common root causes of start-up failures.  Common sense steps taken in advance can help start-ups navigate through the inevitable times of strife. Distinguish […]

Knowing the type of data that you collect, where it is being held, with whom it is being shared, and how it is being transferred is a central component of most data privacy and data security programs. The process of answering these questions is often referred to as a “data […]

Data security breaches – and data security breach litigation – dominated the headlines in 2015 and continue to do so in 2016. Continuous widely publicized breaches have led to 30,000 articles a month being published that reference data breach litigation. Law firms have collectively published more than 156,000 articles on […]

I previously wrote about the new rules of the Securities and Exchange Commission (“SEC”) allowing startups to utilize crowdfunding platforms to sell an equity stake in their business to investors in exchange for working capital. As the prior post noted, all crowdfunding transactions relying on these new rules would be […]

Many start-up companies know they want to raise angel capital, but do not know how to proceed. They really want to know: “do I need a 50 page Private Placement Memorandum to raise money?” The answer is: “It depends, but maybe not.” There are two general approaches to capital raising: […]

When making sales or conducting business on the internet, it is easy to overlook state sales tax. Whether you make a sale of tangible property online, on the phone, by fax, via a purchase order, or other medium, you are required to collect and remit sales tax on sales made […]

Many startups engage third-party consultants, or “finders”, to make introductions to potential investors. Startup founders generally have a technical background, and may lack meaningful connections in the finance/venture capital world, so they seek out these finders to assist in obtaining funding for their businesses. In exchange for the introductions to […]

St. Louis, MO – February 19, 2016 — Observable Networks Inc., an emerging leader in advanced threat detection services, today announced it has closed $1.625 million in convertible debt funding from investors arranged by DH Capital, an investment banking firm serving companies in the Internet infrastructure, communications, and SaaS sectors. […]

MALVERN, PA – February 3, 2016 – Galera Therapeutics, Inc., a clinical-stage biotech developing new treatments for cancer patients, announced today it has received an additional $5 million in funding from Enso Ventures to bring its Series B financing total to $42 million. Enso Ventures joins existing investors New Enterprise […]

Start-up founders, executives and other employees should understand the role that Internal Revenue Code Section 83 plays in effective tax planning when certain equity incentive grants are given in exchange for services. Most startups use equity incentives in lieu of cash to pay for services from employees, contractors and advisers (“service […]