On September 27th and 28th, entrepreneurs, venture capitalists, angel investors and state economic development officials will gather in Columbus, Ohio to hear presentations from startup companies and learn about recent developments within Ohio’s entrepreneurial ecosystem. The event is presented by the Ohio Capital Fund and the Ohio Department of Development […]
Fenwick and West has released its 2010 2Q Venture Capital Survey. The survey shows that the climate for VC financing is improving. For the fourth quarter in a row, up rounds exceeded down rounds (55% to 27%, with 18% of rounds flat), and this was an improvement over 1Q10, when […]
The House and Senate reached a compromise late last night on the Restoring American Financial Stability Act of 2010. The reforms are fairly sweeping, and I’m not going to attempt to explain them all. The changes to the definition of an accredited investor merit discussion, though, as they will have […]
The sound you heard today was a collective sigh of relief from entrepreneurs and corporate executives across the globe that have built business models around user-generated content. Google has, at least for the moment, successfully defended the “YouTube model” against claims that it promotes copyright infringement. Google’s defense was […]
Ohio-based startups and early-stage companies looking for capital may not have the same options as those on either costs, but there are quite a few Venture Capital Funds and Angel Groups who have stated a focus of investing in the Midwest region and in Ohio in particular. Over twenty funds […]
Entrepreneurs trying to raise capital to grow a business frequently run across individuals describing themselves as a “finder” and offering to help them structure a private offering and sell that offering using their contacts. They will typically ask for limited or no up-front compensation but will take a percentage of […]
Fenwick and West has published its latest survey of the venture capital financings closing during the last quarter. You can access their report here. The survey is a good source for information on trends in valuations as well as deal terms. For example, the survey reports that in 1Q10, 49% […]
One of the most frequent requests I received at Startup Weekend Columbus was to explain the typical arrangements between founders as to vesting and repurchase rights. To me it’s a good sign that entrepreneurs are beginning to think about these issues in advance. Circumstances almost always change, and a carefully […]
For a great summary of the securities regulations that need to be followed when taking money from investors, check out this post by Dave Broadwin with Foley & Hoag. Their Emerging Enterprise Center Blog is a good resource for both entrepreneurs and lawyers.
Franklin County Job and Family Services is offering a Subsidized Employment Program covering between 65 and 100% of a qualified employee’s wages for a period of time (about 6 months). Here’s a link to their website; more information can be found on the PDF’s they link to on the […]