Private Equity

So You Want to Start a Private Equity Fund?

It seems like everybody wants to start their own fund some day. Here’s a high-level overview of the legal landscape for private equity formation. What is Private Equity? Private funds are types of investment systems that are created by investment managers, known as sponsors.  These managers raise capital to make multiple investments in a particular

Currency and Securities in the New Age: Bitcoin and Cryptocurrencies

What is Bitcoin? Bitcoin is a decentralized electronic payment system, created in 2009 by Satoshi Nakamoto.[1] Not backed by any governmental entity, Bitcoin is completely electronically created and stored.[2] It is a form of “cryptocurrency”, which is currency that uses encryption and is stored on peer-to-peer technology.[3] Transactions are recorded using blockchain, which is an

Common Pitfalls and Pratfalls of Business Owners

Entrepreneurs are often “big idea” people. They get excited about possibilities and the seeming inevitability of their success. But this mindset may leave them vulnerable if they overlook the details of their business. As a corporate lawyer, I have seen many ways entrepreneurs get themselves into a pickle. Some of those predicaments are self-induced, but

Take the Money or Run?

Take the Money or Run? I regularly have conversations with entrepreneurs and shareholders who are thinking about raising capital or selling their company.  Some of these entrepreneurs are very sophisticated business people who understand business and finance. But, I also have conversations with founders who are new to the world of finance and harbor a