Employers, from startups to public companies, need to be aware of the following requirements and take action by January 31st if they apply. Section 6039 of the Internal Revenue Code requires a corporation to furnish a written statement to any employee or former employee who either (i) exercised an incentive stock option within the meaning of Section 422 of the Code (ISO) during 2013 or (ii) during 2013 first transferred legal title to shares acquired under the corporation’s employee stock purchase plan within the meaning of Section 423 of the Code (ESPP).…
DLA Piper
Employers: 2014 Deadlines to Furnish ISO and ESPP Information Statements and Returns
Top Labor and Employment Law Issues When Taking your Start-Up Global
Our colleague Ute Krudewagen has put together a list of some key labor and employment issues to consider if and when you decide to take your US-based emerging company to overseas locations.
So you are ready to expand?
Your start-up is off the ground and running, U.S.…
Demo Days, Pitch Events and the New Reg D
CONTRIBUTED BY
Trent Dykes, Megan Muir and Kiran Lingam (guest contributor from SeedInvest)
I. Introduction / Background
With the passage of the JOBS Act, the regulation governing most private securities offerings is undergoing a dramatic makeover. Congress tasked the Securities and Exchange Commission (SEC) with developing new rules allowing companies to generally solicit funds, subject to restrictions as determined by the SEC.…
New SEC Rules Disqualifying “Bad Actors” in Private Fundraising
CONTRIBUTED BY
Megan Muir
Earlier this summer, together with some of my partners within DLA Piper (Christopher Paci, Jason Harmon, Darryl Steinhause and Wesley Nissen), I wrote an article about new SEC regulations concerning private offerings. The final rules issued in July 2013 by the SEC go into effect on September 23, 2013.…
New SEC General Solicitation Rules Go Into Effect
CONTRIBUTED BY
Megan Muir
Earlier this summer, together with some of my partners within DLA Piper (Christopher Paci, Jason Harmon, Darryl Steinhause and Wesley Nissen), I wrote an article about new SEC regulations concerning private offerings. …
Affordable Care Act Employer Mandate Delayed
Employers facing the challenge of deciding how to comply with the Affordable Care Act’s January 1, 2014 health insurance mandate have received a reprieve.
Under the mandate, employers with 50 or more full-time equivalent employees must provide their full-time employees with a minimum level of health insurance or face fines.…
Vanessa Fox and Nine by Blue Join RKG
Congratulations to Vanessa Fox, one of the Women in Tech we’ve profiled in the past. Vanessa has joined forces with RKG, a search and digital marketing agency, combining her enterprise-level search analytics platform with the fast growing agency. …
2013 Private Equity Survey Indicates Cautious Optimism
The 2013 Private Equity Survey of McGladrey, done by the research unit of SourceMedia, indicates growth and optimism in the PE sector although the funds remain cautious about the broader economy.
Some findings of the 2013 survey:
- Funds see “management capabilities and effective strategy and execution as primary drivers of successful portfolios.”
- Outdated IT systems, under-qualified IT personnel and inadequate infrastructure become apparent following acquisitions, often impacting critical areas of the business.
Pitching Angel Investors: Advice from Jonathan Sposato
Investor and serial entrepreneur Jonathan Sposato has seen enough startup pitches in his day to know what he likes. In this Geekwire post from earlier this year, he shares his three favorite things to hear from founders seeking an investment. One key piece of advice from Joanathan that is simple and straightforward: your investors want to know their money is going to be put to good use.…
From MSFT to VC: Ted Kummert
CONTRIBUTED BY
Megan Muir
@megan_muir
Q&A: Why this former Microsoft exec wanted to become a venture capitalist Ted Kummert announced on February 5th that he would be leaving his longtime position as a Microsoft executive to take a new role at venture capital firm, Madrona Venture Group.…
New NYSE and Nasdaq Compensation Committee Listing Standards
As we previously blogged, in June 2012 the SEC adopted final rules directing national securities exchanges to establish listing standards relating to compensation committees. The NYSE and Nasdaq have now done so.
Our colleagues Christopher C. Paci, Jason C.…
Women in Tech: Dr. Eve Riskin, Professor and Assoc. Dean of Engineering
CONTRIBUTED BY
Megan Muir
@megan_muir
Dr. Eve Riskin is one woman in tech who is actively working to “change the ratio” by increasing the number of women faculty in science, technology, engineering and mathematics (STEM). As Associate Dean of Academic Affairs for the University of Washington College of Engineering, Professor of Electrical Engineering, and Director of the ADVANCE Center for Institutional Change, she is a leader and a mentor for other women considering academic STEM careers (or second careers, following work in industry).…
Women in Tech: Jenny Lam, Award Winning Designer
CONTRIBUTED BY
Megan Muir
@megan_muir
Jenny Lam is a co-founder of Jackson Fish Market, a small software startup focused on making beautiful software experiences. The company has shipped over 20 software products in the past 5 years. Their latest product is A Story Before Bed – the first (and only) service that lets parents, grandparents, and children record video of themselves reading children’s books and play it back as often as they like on the Mac, PC, or iPad.…
SEC Proposes General Solicitation Rules
General Solicitation of Accredited Investors in 2013?
CONTRIBUTED BY
Megan Muir
@megan_muir
The SEC has made official what we blogged about yesterday: Late yesterday it removed from its agenda for today’s meeting the consideration of general solicitation in Rule 506 and Rule 144A offerings. The SEC also released a separate meeting notice for August 29, 2012, which states it will consider whether to propose rules to eliminate the prohibition against general solicitation and general advertising in securities offerings conducted pursuant to Rule 506 and Rule 144A.…
SEC Rules to Permit General Solicitation Likely to Slip Further…
On Acquirhires and Soft Landings
David Lee of SV Angel entitled Quick Thoughts on Acquihires/“Soft Landings”…
Brittany Wenger Wins Grand Prize of Google Science Fair
Brittany Wenger, a 17-year-old from Lakewood Ranch, Florida, is the Grand Prize winner of the Google Science Fair for her cloud-accessible application that assists doctors in diagnosing breast cancer. Check out her project entitled the Global Neural Network Cloud Service for Breast Cancer.…
VC Funding Levels Highest Since 2001 – Q2 2012 Report
CB Insights released their Q2 2012 Quarterly VC Report today, showing $8.1B was invested in 812 deals, the highest funding level since 2001. One interesting trend in Q2 this is year is that 20% of the VC deals were for “seed” round investments (very early stage deals, usually with relatively small investment amounts). …
Yahoo Reaches into Google – Marissa Mayer New CEO
The short list of Silicon Valley female CEOs at well-known tech companies just got a little longer. Andrew Ross Sorkin and Evelyn M. Rusli of The New York Times Dealbook broke the story today that Yahoo has named Marissa Mayer as CEO (its fifth CEO in five years). …
Friday the 13th Uber-Style
Friday the 13th was sweet instead of scary this month, with Uber (on-demand car service provider) delivering on-demand frozen treats to customers with the tap of the ice cream cone logo. 
My colleagues gave this a try and sure enough, in a short while Mark the Ice Cream Man rolled up in an ice cream truck (more like a postal delivery Jeep-type vehicle, actually) and delivered ice cream bars and popsicles as well as some Uber swag.…
Corporate Venture Funding – Q1 2012
As noted in today’s Geekwire, CB Insights has released its Q1 2012 Corporate Venture Capital Activity report showing that corporate venture funds are still making investments on a regular basis, but at a somewhat slower pace than over the prior year. …
Exchanges Must Adopt New Compensation Committee Rules
JOBS Act: What Matters Most for Startups and VCs
CONTRIBUTED BY
Megan Muir
The Jumpstart Our Business Startups Act (the JOBS Act), enacted in April this year, makes a variety of significant changes to securities laws, some of which relate to early-stage entrepreneurs, startup companies and venture capitalists concerned about fund raising with respect to their portfolio companies.…
