Washington Post writer Heather Kelly reported recently that, “On a recent Friday night in one of the wealthiest neighborhoods in California, a line of eight idling cars stretched out across the shared parking lot of the still-closed library and arts center. Most of the drivers had their trunk popped open and a piece of paper… Continue Reading
Category Archives: Start-up Company Law
Latest Silicon Valley Start-Up Isn’t High Tech, so Much as an Old-School Alternative to the Farmers Market
Global Merger and Acquisition Deal Volume About Half of 2020
Bryce Elder reported earlier this month at The Financial Times Online that, “It has been a rotten year for bid rumours and a rotten year for bids. “Global merger and acquisition deal volume nearly halved year-on-year in the first six months of 2020 to $1.1tn, according to Dealogic data. That is the lowest haul in… Continue Reading
Startup Upcycles Unused Milk Into Sustainable Clothing
Bloomberg News reported earlier this month that, “A Los Angeles-based startup that upcycles unused milk into sustainable clothing is in talks with leading dairy companies in China over strategic partnerships, said the company’s founder and chief executive. “Mi Terro’s Robert Luo said he is discussing investment with dominant firms in the Chinese dairy market, where… Continue Reading
As Global Economy Slows, Tech’s Largest Companies Are Investing
New York Times writer Mike Isaac reported recently that, “Even as Facebook grappled this month with an internal revolt and a cascade of criticism over its refusal to take action on President Trump’s inflammatory posts, the social network was actively making other bets behind the scenes. “Late one Tuesday, as attention was focused on how… Continue Reading
MilkRun: Portland Startup That Pays Small Producers to Deliver Their own Goods Locally
Hannah Wallace reported recently at Bloomberg Businessweek Online that, “The case for buying locally produced food is stronger than ever. When the Covid-19 pandemic began to shut down Oregon and the rest of the country in mid-March, it both sped up the trend toward online grocery shopping and highlighted the shortcomings of the industrial food… Continue Reading
UK Start-Ups Secure Support Through “Future Fund,” a Government Co-Investment Program
Last month, Financial Times writers Daniel Thomas, Tim Bradshaw and George Parker reported that, “Fast growing start-ups struggling to survive the lockdown will finally secure state support this week with the launch of the £250m co-investment ‘Future Fund.’ “The government is set to take stakes in some of the UK’s most promising companies under the… Continue Reading
California Gig Workers- Contractors or Employees, Issues Persist
New York Times writer Kate Conger reported recently that, “California’s attorney general and a coalition of city attorneys in the state sued Uber and Lyft on [May 5th], claiming the companies wrongfully classified their drivers as independent contractors in violation of a state law that makes them employees. “The law, known as Assembly Bill 5,… Continue Reading
More Online Grocery Shopping Inspires Investors to Look Closely at the Sector
Melissa Repko reported recently at CNBC Online that, “FreshDirect co-founder and former CEO Jason Ackerman said customers’ growing interest in online grocery shopping during the coronavirus pandemic has whet venture capital firms’ appetites. “In an interview with CNBC’s ‘Squawk Alley,’ he said the surge of online grocery shopping has inspired more investors to look closely… Continue Reading
Fast-Sounding Start-Ups Have Bloomed
New York Times writer Erin Griffith reported last week that, “One day this quarantine, who can say which, I encountered the following pieces of information: Zoom, the videoconferencing company, saw its stock hit a new high; Zūm, a ride-sharing venture, cut its work force by a third; and Zume, the robot pizza start-up, failed to… Continue Reading
COVID-19 Impacting Start-Ups, Where Many Now Have Low Cash Reserves
Siddharth Venkataramakrishnan reported this week at The Financial Times Online that, “A survey of 200 UK start-ups in fields ranging from advertising, education, fintech and software has shown the precariousness of young companies in the face of the Covid-19 pandemic. “The most striking statistic in the survey by London venture capital firm LocalGlobe was that… Continue Reading