I could not resist re-posting this story, true (as claimed) or not. I laughed out loud and recognized my own impatience with incompetence, both a blessing and a curse. And if I were in need of a good attorney, I would want him or her to be just like this. A New...
“For last year’s words belong to last year’s language. And next year’s words await another voice. And to make an end is to make a beginning.” – T.S. Eliot My friend ~ You will make many new beginnings and many ends, and more new...
Summary: Two recent decisions (in Delaware and Georgia) point out legal landmines when negotiating with potential business partners. Even though the decisions point in opposite directions, they also point out the need for clear drafting. One is about LOIs: Make it...
It is holiday time for nearly everyone, the celebration of mid-winter, the passing of the Solstice and the shortest day of the year, and a looking forward to a new Spring in the New Year. In the spirit of celebration, gatherings of rejoicing to have survived another...
Investors have a rather straightforward wish list. The catch is, they want all of it filled at the beginning. And why not? Even the small firms read thousands of plans each year, and fund only a few. Larger firms see tens of thousands of plans each year, and fund only...
This is a call you make both personally and from your opportunities. If you have controlled your early capital and board membership, and have found VCs who understand your market space and can provide both market savvy and connections for growth, strategic alliances...
Long ago I realized folks saw the world through their own world-view – the glass was half-full, half-empty, half-full and bubbling with opportunity, or half-empty and poisoned. I believe there is little hope of changing these contexts after, say, the age of six. Once...
There comes a moment in most startup ventures when you, the CEO, wake up in a cold sweat and face your fears that failure is near. Seeing anew all the time, investment, financial risk and doubt you have overcome in the last year or two, fear gets past your barriers...
ONE OF MY CLIENTS ASKED RECENTLY ABOUT HOW ARRANGING FOR SHARED PROFITS COULD BE USED TO SEED CAPITALIZE A NEW COMPANY. HE HAS A COLLEAGUE WHO WOULD LIKE TO PARTICIPATE IN THE NEW VENTURE, AND WHO WILL BRING VALUABLE CONTENT AND CONNECTIONS. PROFIT SHARING IS BASED...
The real creators of the National Parks are the entrepreneurs who followed their passions about protecting these wilderness places… millionaires, politicians and wandering students, the prominent and the unknown, those out for commercial gain and those dedicated to...