Venture Capital & Emerging Companies

Jeremy Glaser discusses the simple approach entrepreneurs should take when making their initial pitch to investors in order to pique their interest.

In this issue we focus on a number of basics for building growth enterprises. We lead off with a terrific podcast on the importance of assembling a strong board of directors. We follow with an article on a new securities law that permits the aggregation of up to 250 investors in a single investment vehicle so long as the entity has no more than $10 million in capital contributions. This new law will be particularly useful to online platforms that aggregate angel and seed investors to invest in start-ups. We then discuss the importance of stock options and creating a culture of ownership, another basic in creating a valuable company. We conclude this issue with two innovator profiles: BioLabs@NYULangone, a new shared wet lab space located in New York’s SoHo neighborhood, and RainFocus, which provides a software platform for delivering insights and marketing messages at large-scale conferences and events.

Ben Stone – an attorney at Mintz Levin and a former founder, CEO and General Counsel – talks with Ananth Kasturiraman and Caroline Fay, the co-founders of Skillist, an innovative job application platform connecting untapped talent to in-demand jobs, about their efforts building a mission-driven business and “reinventing the resume.”

One of the critical keys to a successful venture is aligning the interests of the employees and management with the interests of the shareholders/investors. After all, perhaps the greatest asset of a company is its people. Without a competent and motivated workforce, a venture is unlikely to succeed no matter how great an idea or business concept is involved.

Small venture capital funds and special purpose vehicles, which otherwise qualify as “venture capital funds,” can now raise money from up to 250 beneficial owners and remain within the 3(c)(1) exemption of the Investment Company Act of 1940 (the “Investment Company Act”).

In this podcast, Dick Pfister, the founder of investment management firm AlphaCore Capital and one of the partners of Altegris Investments, explains how he built successful investment management businesses.

In this podcast, Georges Daou, founder of a number of successful technology companies and of the Daou Winery, explains why entrepreneurs need to develop and convey to investors the passion they have for their businesses in order to succeed.

In this podcast, Jeff Belk, an early employee of Qualcomm and serial entrepreneur and investor, explains why it is important to build a great board of directors and how to communicate to your board most effectively.

Jeremy Glaser, Co- chair of the Mintz Levin Venture Capital & Emerging Companies Practice, talks to Blaise Barrelet, a successful serial entrepreneur and founder of Analytics Ventures, about how and when companies should raise money.

Jeremy Glaser, co-chair of Mintz Levin’s Venture Capital & Emerging Companies Practice, discusses the role of the CFO in growing companies with Jeff Gilford, co-founder and principal of BlackFord Partners, Inc.

In this podcast, Jeremy Glaser speaks with John Creelman about his journey as a veteran CFO and his experiences funding numerous successful companies in both the private and public markets.

This edition of TechConnect shows the depth and breadth of our coverage of Tech issues. We have included a podcast interview of Cliff Boro, a long-time friend and serial entrepreneur, who skillfully provides pointers to those seeking out capital from Angels and VCs. We also have two great articles in this issue: the first is about AI from the perspective of our patent professionals; the second is about privacy and how your company’s privacy policies can actually be a competitive advantage. Finally, we highlight Aphelion Path, a consulting shop based in Brooklyn that is helping emerging companies to accelerate growth and succeed.

Taking a start-up from idea to growth is the crucial step that can cause many founders to stumble and ultimately doom businesses to mediocrity. That’s why former operators at MakerBot, Zazzle, and Autonomous turned advisors to create the Aphelion Path Consulting Group.

John Sarkisian, founder of sports and lifestyle venture capital fund Motion Ventures, explains how he built and funded numerous companies in the real estate, restaurant, sports and technology industries and guides entrepreneurs on how to raise money and get successful exits in each of these varied industries.

Jon Sundt, Founder of Altegris, explains how he built one of the largest alternative investment advisory firms in the country and how he achieved a hugely successful exit.

Ken Cohen discusses how raising money for life sciences companies is different than for technology companies and gives entrepreneurs advice on how to finance and grow their life sciences company.

JD Davids of SmartMoney Startups explains how to identify and close the best venture fund for your company.

In this podcast, Cliff Boro, a serial entrepreneur and investor, shares his insights and experience to help entrepreneurs best position themselves to raise money from angels and venture capitalists.

In this podcast, Walt Tendler discusses the importance of having sophisticated financial advice when preparing your company for a financing and the challenges that entrepreneurs face when they fail to take care of the financial side of the house.

In this podcast, Carrie Stone discusses the importance of management in the financing process and how venture capitalists assess management teams prior to making an investment decision.