Post-Closing Briefs: The SRS Blog
01.29.2010Really Cool Idea
First Round Capital recently announced that it is setting up an exchange fund that allows its portfolio company entrepreneurs to take some of their equity and exchange it for an interest in a pool that consists of equity interests in First Round’s portfolio companies generally. In other words, rather than having all of your eggs in one basket, you can take a small portion of your stock and get some diversification by getting an interest in a fund that presumably will somewhat track First Round’s overall performance. read more
12.18.2009On the Seventh Night of Hanukkah, My True Love Gave to Me
Congratulations to Dan Urbano, SRS’ multi-talented director of product management, his wife, Becky, and son, Clayton, on the birth of their daughter and sister, Kaitlyn Jean Isabelle. Weighing in at six pounds at 7:41pm on December 17, 2009, Dan reported that Kaitlyn was born after only 10 minutes of labor. read more
12.15.2009Nothing Says Holidays Like Queen Elizabeth Getting Her Groove On
Venture Capital Dispatch, the Wall Street Journal’s blog about high tech start-ups and their investors, had a great review of “e-cards” featuring SRS’ 2009 holiday greeting. For the second year, SRS worked with John Schnall of Quality-Schnallity to provide the market with some fun holiday cheer. read more
12.10.2009The Key to Maximizing Fund Performance – Effective Time Management
The latest edition of NVCA Today, the online newsletter of the National Venture Capital Association, features an article written by SRS’ founder and Managing Director, Paul Koenig. Every one is looking for more time and Paul points out an non-obvious source for venture capitalists. read more
12.10.2009Top VC List Announced
AlwaysOn, with research help from Morgan Stanley and the 451 Group, released a list of their assessment of the top 100 individual VCs based on estimated total number and dollar amounts of M&A and IPO exits. AlwaysOn admits that they did not have full information and that they likely left off some people who probably should have made the list, but it’s still an interesting read. read more
11.24.2009Thanks ~ Giving
At SRS | Shareholder Representative Services, we have so much to be thankful for. While we know that 2009 was a difficult year for many, it was a banner year in the development of our company. read more
11.17.2009Bringing Down the Fund: How One VC Almost Made the Multi-Million Dollar Mistake of a Lifetime
This article was originally posted on peHUB on July 21st. It also appeared in the September issue of VC Journal. read more
11.09.2009No Open Source = Not an Option
Tech startups have been using open source software for years, but it’s so prevalent now that virtually every company with source code has incorporated some amount of open source code into it. In the M&A context, the realities of open source are forcing the reps and warranties in mergers to change. read more
11.08.2009News, Best Practices and Opinions in Venture M&A - November 2009
SRS has published the November edition of its newsletter: News, Best Practices and Opinions in Venture M&A. If you’d like to subscribe to automatically receive the newsletter, please send an email to newsletter@srs-shareholderrep.com. read more
11.05.2009More Data on Earnout Challenges
We’ve written in the past about the risks and challenges of earnout provisions in M&A agreements. They’re fraught with risk of post-closing disputes. read more
11.02.2009Creation Contemplation
It seems a number of cities have refocused their efforts to galvanize entrepreneurship in their communities, and there is no shortage of suggested solutions. In New York City, a new report released by the Center for an Urban Future highlights the complexity involved to build an entrepreneurial community. read more
10.29.2009Don't Leave Out the Yankees
We’ve seen a few deals recently that missed the implications of recent changes to the New York General Obligations Law. This statute could make it significantly more burdensome for an individual in New York to properly grant power of attorney to someone else. read more
10.28.2009More Data on Earnout Challenges
We’ve written in the past about the risks and challenges of earnout provisions in M&A agreements. They’re fraught with risk of post-closing disputes. read more
10.19.2009Where Private Meets Public? Nasdaq Plans Private Company Exchange
As reported in Venture Capital Dispatch, Nasdaq disclosed that it is considering establishing a marketplace where shareholders of private (VC-backed) companies could sell their shares. Similar to PORTAL, which allows qualified investors to trade unregistered securities, the proposed market would provide a regulated environment for trading shares in companies not yet ready for the public markets. read more
10.16.2009Light at the End of the Tunnel or Roadblock Ahead?
Some VCs say the worst is yet to come. A post in the Wall Street Journal today relates the opinions of a few VC veterans at the Venturewire Technology Showcase regarding the future of venture capital. read more
