Dear Founders: Here Are Three IP Mistakes to Watch-Out For

by Scott Edward Walker on October 19th, 2020

Introduction

Over the past six months, my firm has been engaged by a number of startups with significant intellectual property (“IP”) problems.  In a couple of cases, the founders played lawyer on their own; in the other cases, the founders either used (i) a Web service that did not address IP issues or (ii) an inexperienced law firm.  The purpose of this blog post is to briefly discuss the three most common IP mistakes that founders make.

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RIP Ruth Bader Ginsburg: “All I Ask of Our Brethren Is That They Take Their Feet Off Our Necks”

by Scott Edward Walker on September 20th, 2020

Welcome to our series “Motivational Clips for Entrepreneurs.”  Every two or three weeks, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur (particularly during this pandemic).  Indeed, whether you’re launching your venture, trying to iterate on your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice – and rest in peace Justice Ginsburg! 

Words of Wisdom from Geoff Ralston

by Scott Edward Walker on September 13th, 2020

To Our Clients & Friends: Welcome to our series “Helping Entrepreneurs Succeed.”  Every few weeks we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Geoff Ralston, the President of Y Combinator and a very solid former entrepreneur.  

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SEC Expands “Accredited Investor” Definition

by Scott Edward Walker on August 30th, 2020

This past Wednesday, the Securities and Exchange Commission (SEC) adopted amendments expanding the definition of “accredited investor” to include individuals who hold certain professional certifications/licenses or have certain “credentials,” as determined by the SEC.  As the SEC press release provides: “For the first time, individuals will be permitted to participate in our private capital markets not only based on their income or net worth, but also based on established, clear measures of financial sophistication.”  The amendments also broaden the types of entities that qualify as accredited investors and add a new “spousal equivalent” concept, as discussed below.  The amendments will take effect 60 days after publication in the Federal Register.

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Motivational Clips for Entrepreneurs: “I’m Not Okay Waiting”

by Scott Edward Walker on August 9th, 2020

Welcome to our series “Motivational Clips for Entrepreneurs.”  Every couple of weeks, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur (particularly during this pandemic).  Indeed, whether you’re launching your venture, trying to iterate on your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Stay well, Scott

Words of Wisdom from Jack Ma

by Scott Edward Walker on July 26th, 2020

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Motivational Clips for Entrepreneurs: “Right Now, The New Is You” (via Steve Jobs)

by Scott Edward Walker on July 11th, 2020

Welcome to our series “Motivational Clips for Entrepreneurs.”  Every week or two, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur (particularly during this pandemic).  Indeed, whether you’re launching your venture, trying to iterate on your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Words of Wisdom from Kevin Systrom

by Scott Edward Walker on June 21st, 2020

To Our Clients & Friends: Welcome to our series “Helping Entrepreneurs Succeed.”  Every few weeks, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Kevin Systrom, the co-founder and former CEO of Instagram.

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Selling Your Company? Here’s a Legal Checklist

by Scott Edward Walker on May 27th, 2020

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Motivational Clips for Entrepreneurs: “If You Want It, Go Get It.”

by Scott Edward Walker on May 9th, 2020

Welcome to our series “Motivational Clips for Entrepreneurs.”  Every two or three weeks, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur (particularly during this pandemic).  Indeed, whether you’re launching your venture, trying to iterate on your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Stay well, Scott

Motivational Clips for Entrepreneurs: “At Dawn I Will Prevail”

by Scott Edward Walker on March 15th, 2020

We all need a little inspiration during this difficult period.  Two days ago, the Italian Air Force sent an encourging message to the world via Luciana Pavarotti (singing Nessum Dorma).  Below is a translation of the last verse. 

Pass by, oh night!

Fade away, stars!

Fade away, stars!

At dawn I will prevail!

I will prevail, I will prevail!

Note: this post is part of our series “Motivational Clips for Entrepreneurs.”

Stay well.

Scott

                               

Helping Entrepreneurs Succeed: Words of Wisdom from Sam Altman

by Scott Edward Walker on February 29th, 2020

To Our Clients & Friends:  Welcome to our series “Helping Entrepreneurs Succeed.”  Every few weeks we share a favorite video clip of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Sam Altman, the former President of Y Combinator and the CEO of OpenAI

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Are You Selling Your Company? Be Careful with Financial Buyers!

by Scott Edward Walker on February 9th, 2020

Introduction

I’ve been doing M&A transactions for 25+ years (including nearly eight years at two major New York City law firms), and I’m going to discuss an important issue for founders interested in selling their company: the distinction between strategic and financial buyers.  Most founders are familiar with strategic buyers, such as Google, Facebook and other big companies; they are not, however, familiar with financial buyers.  This post briefly discusses the differences between such buyers and expressly warns founders to watch-out for financial buyers.

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Top 3 Posts in 2019

by Scott Edward Walker on January 4th, 2020
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Below is a list of my top three posts in 2019.  Happy New Year!  Cheers, Scott

Motivational Clips for Entrepreneurs: “Work Like Hell” (via Elon Musk)

by Scott Edward Walker on November 23rd, 2019

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur — and whether you’re launching your startup, iterating on your product or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Fundraising 101: Words of Wisdom from Aaron Harris

by Scott Edward Walker on November 3rd, 2019

To Our Clients & Friends: Welcome to our weekly series Helping Entrepreneurs Succeed.”  Each week or two, we share a favorite video clip of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Aaron Harris, a partner at Y Combinator.

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“We Can Do More Than We Think We Can Do” (via Eliud Kipchoge)

by Scott Edward Walker on October 14th, 2019

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur or founder; and whether you’re launching your venture, trying to iterate on your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Motivational Clips for Entrepreneurs: “Your Biggest Advantage Is That You Are Hungrier Than Your Competitor” (via Gary V)

by Scott Edward Walker on September 14th, 2019

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur — and whether you’re launching your startup, iterating on your product or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

DEALMAKING 101: THREE TIPS FOR FOUNDERS

by Scott Edward Walker on September 1st, 2019

Introduction

I’ve been doing deals as a corporate lawyer for 20+ years.  For nearly eight of those years I worked at two prominent law firms in New York City, where I mostly handled major M&A transactions.  For the bulk of my legal career, I have been representing startups and emerging-growth companies in seed financings, venture capital financings, mergers and acquisitions, and other transactions.  Based on the foregoing experience, I am providing three basic tips to founders in connection with doing deals.

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Motivational Clips for Entrepreneurs: “It Didn’t Seem To Me Logical That It Was Not Possible”

by Scott Edward Walker on July 13th, 2019

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur — and whether you’re launching your startup, iterating on your product or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

How Much Equity Should You Give Your Cofounder? (via Michael Seibel)

by Scott Edward Walker on June 30th, 2019

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week (or two), we share a favorite video clip of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Michael Seibel, CEO and a partner at Y Combinator

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WHAT ARE SUPER PRO RATA RIGHTS?

by Scott Edward Walker on June 9th, 2019
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“Before You Can Ever Reach Anything, You Have To Believe It” (via Draymond Green)

by Scott Edward Walker on June 2nd, 2019

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur — and whether you’re launching your startup, iterating on your product or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Motivational Clips for Entrepreneurs: “This Is Your Time”

by Scott Edward Walker on May 11th, 2019

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we share a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur — and whether you’re launching your startup, iterating on your product or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Walker Twitter Highlights: February 25th – April 25th

by Scott Edward Walker on April 28th, 2019

I’m using Twitter as a form of micro-blogging to share interesting articles, blog posts and video clips relating to startups and entrepreneurship.  Below are my three most popular tweets (via bitly) for the past two months, each of which is a short video clip providing solid advice to founders.  I hope they are helpful. Cheers, Scott

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