Anybody who knows me knows that I will launch me into a diatribe on the sorry state of public transportation in this country in general, and of the Chicago Transit Authority in particular, at any opportunity. It’s all out of love and a desire to see things get better. I am a regular transit rider, […]
Max Wessel, writing in the Harvard Business Review blog, looks at technology entrepreneurship across the country and states that “ if you start a technology business somewhere other than the San Francisco Bay area, New York, or Boston” — what Wessel terms the “superhubs” — “you’re stacking the deck against yourself.” What does Wessel mean […]
Anyone who is interested in the future of the legal profession should read this article from the New Republic. Of course, it’s not news that the legal profession is in a state of crisis to some degree. There is severe overcapacity, clients are spending less and those lawyers who have jobs at the larger firms […]
Now that the “fiscal cliff” has come and gone, cliffs are less frequently in the news. In startup circles, however, a different kind of cliff is always popular: the vesting cliff. Typically, vesting of founder or employee equity happens in even increments, daily or monthly. If you graphed that vesting schedule, it would obviously look […]
On a mini-run of non-legal posts here, but I have opinions and I have a blog, so look out… The news of the day is 400 — carbon dioxide (CO2), the main “greenhouse” gas responsible for the warming the earth, has surpassed the 400 PPM milestone. As the New York Times notes, it’s really an “odometer […]
Having nothing at all to do with the practice of law… I finished watching something on TV at about 10 last night, and before I turned off the TV, I happened to tune by all of the major local newscasts – WBBM, WLS and WMAQ – right as they were coming on with their top […]
As those of you who know me know that part of what I enjoy the most about having my own legal practice is finding ways to innovate, including using technology more intelligently in the practice. I like practicing law, but the creative part of me really enjoys playing with new technologies or finding ways to […]
Co-founders are always struggling to determine the “right” equity split. In my view, it is a question with no “right” answer. Like much else in business, it’s about negotiation and bargaining power, and also about relationships, entrepreneurial style, and other factors. Still, entrepreneurs often being software geeks, it was inevitable that someone would try to […]
Roy Strom, of the Chicago Daily Law Bulletin, was kind enough to interview me about legal services for entrepreneurial technology companies. The article is now out. Link below. Updated link: http://www.chicagolawyermagazine.com/Archives/2013/04/Tech-Companies-In-House.aspx
Okay, I’m being cute with this title. (But not as cute as if I had titled this post “Cover Your Saas.” Sorry, I could not help myself.) Why am I being cute? Because if you are a provider of Software as a Service” (meaning that you provide services over the internet but don’t actually deliver […]