MintzTech Connect Industry News - July 2018
Dear Readers,
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.
We continue to see tremendous activity in the tech sectors and in particular in biotech and fintech. We also see, and are participating in, a tsunami of activity in digital token offerings that are compliant with SEC rules and regulations. As with all new tools for raising capital, the basics of building a meaningful business remain the same, and that is why we urge all of our clients to build a strong foundation for their enterprises.
As always, we welcome your questions and inquiries, and we invite all of you to visit our website for emerging companies mintzedge.com.
Sincerely yours,
Dan + Sam