Peter Rudegeair and Christina Rexrode reported earlier this week at The Wall Street Journal Online that, “Some well-funded startups have an unusual pitch for homeowners strapped for cash: Let’s own this house together. “A handful of companies, including those backed by marquee Silicon Valley names such as Andreessen Horowitz and Mark Zuckerberg’s philanthropic organization, are experimenting… Continue Reading
Category Archives: Start-up Company Law
Startups Have Unusual Pitch for Homeowners Strapped for Cash: Let’s Own This House Together
Homebrew- Seed-Stage Firm Plans to Continue Investing in Six to Eight Startups a Year
Wall Street Journal writer Tomio Geron reported earlier this week that, “Seed-stage venture firm Homebrew has raised $90 million for its third fund. “Partners Satya Patel and Hunter Walk said the San Francisco firm plans to continue investing in six to eight startups a year. It raised $50 million for its last fund, in 2015…. Continue Reading
VC Investment in Britain’s Fintech Industry More Than Doubles
Martin Arnold reported earlier this week at The Financial Times that, “Britain’s financial technology industry shrugged off the Brexit vote, attracting more than double the amount of venture capital investment last year than in 2016, according to new data published on Wednesday. “Fintech companies, such as TransferWise and OakNorth, raised $1.8bn of venture capital investment… Continue Reading
Running Tap: A Delivery Startup That Connects Microbrewers With Customers
Neal St. Anthony indicated in a column that was posted yesterday at the Minneapolis Star Tribune Online that, “In a way, it took an African refugee from war-torn South Sudan to add something new to the Twin Cities microbrewery boom. “Isaac Tut, who quit an $80,000-plus technology job in 2016, after earning degrees in math,… Continue Reading
Goldman Sachs Invests in Pea Milk Startup
Bloomberg writer Olivia Zaleski reported last week that, “Goldman Sachs Group Inc. participated in a $65 million investment in Ripple Foods Inc., a little-known beverage company that makes a milk-like drink from yellow peas. “The investment, which was led by Euclidean Capital, includes funding from Khosla Ventures, Fall Line Capital and S2G Ventures, a food and agriculture investment… Continue Reading
Start-Ups in China Aim to Copy Tesla’s Success
Financial Times writers Charles Clover and Sherry Fei Ju reported yesterday that, “From Alibaba in e-commerce to Didi Chuxing in ride-hailing, Chinese start-ups have changed the landscape of the global tech industry. And now they are coming for cars. “A handful of China-based fledgling companies have raised hundreds of millions of dollars in venture funding and launched… Continue Reading
Startup Shares Social Media Posts With Financial Representatives
Sarah Hauer reported yesterday at the Milwaukee Journal Sentinel Online that, “If you bought a house, were expecting a child or started a new job, you would most likely share it on Facebook, Instagram or LinkedIn. “What if a financial adviser could see those posts on social networks? Those life events often tie to important financial decisions. “A… Continue Reading
Tech Startups Address Food Waste Issues
Anne Kadet indicated yesterday at The Wall Street Journal Online that, “Forget Bitcoin or shares of Amazon.com. My current market obsession is the wild swings in the price of the pu pu platter for two at Lichee Nut, the Chinese restaurant in my Brooklyn neighborhood. “While diners who order at the restaurant pay $16.50 for… Continue Reading
In Response to Disruption from Fintech Competitors, Banks Looking at Tech Veterans
Patricia Nilsson reported this week at The Financial Times Online that, “Financial institutions started poaching professionals from the tech world about three years ago in response to disruption from fintech competitors, says Max Johnson, manager at the recruitment agency Robert Walters. But to convince tech tribes to work for them, they have had to change…. Continue Reading
2017 Venture Capital Totals for Milwaukee, Minneapolis and Chicagoland
Sarah Hauer reported last week at the Milwaukee Journal Sentinel Online that, “Milwaukee-area companies raised more than $25 million in venture capital last year, down from a spike in 2016, according to data released from the PitchBook-NVCA Venture Monitor. “The $25 million was raised by 16 companies and 10 investors. In 2016, $44.57 million was raised… Continue Reading