On July 29, 2025, the U.S. Securities and Exchange Commission issued Release No. 34-103571, granting accelerated approval to a suite of proposed rule changes submitted by The Nasdaq Stock Market LLC, Cboe BZX Exchange, Inc., and NYSE Arca, Inc. (the “Exchanges”). These rule changes permit a select group of Bitcoin– and Ether-based Commodity-Based Trust Shares […]
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the “OBBBA”), which has introduced major changes to the U.S. Internal Revenue Code (the “IRC”). Many of these changes extend President Trump’s 2017 tax cuts that were set to expire, and the OBBBA also includes new tax cuts and deductions that could impact […]
The One Big Beautiful Bill Act (the “Act”), signed into law on July 4, 2025, established a new deduction regime on overtime pay and tips that has garnered significant attention. Workers can now deduct up to $12,500 in overtime pay and up to $25,000 in reported tips when filing their federal tax returns. Workers will not see the impact of this law change until filing their […]
On January 21, 2025 (the “Effective Date”), President Trump issued an executive order (no. 14173) entitled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity” (the “Executive Order”). This Executive Order significantly changes federal contractors’ compliance requirements and obligations under federal law, although it contains a 90-day grace period. Our firm released two client alerts (the “Client Alerts”) detailing the impact of the Executive Order and the two cases affecting its enforceability. On […]
Introduction to Venture Capital Securing venture capital is a pivotal step for early-stage scaling companies aiming to expand. Venture capitalists (VCs) provide essential funding in exchange for equity stakes, enabling startups to accelerate their development and market reach. This guide outlines how to find venture capital, when to seek it, and effective strategies for attracting venture […]
Introduction to Angel Investors Securing funding is a pivotal step for early-stage scaling companies aiming to expand their operations. Angel investors can be a valuable source of funds, both at the ideation stage, and particularly for businesses that have already developed a product or service and are ready to take their growth to the next […]
I often have conversations about financing with passionate entrepreneurs. The advice I give is that before approaching financing sources, it’s critically important to make sure that the company’s “foundational puzzle pieces” are in place in order to increase the probability of fundraising success. Unless each of the four is in place, you’re likely to create a negative first impression.
Equity financing is a pivotal stage for startups seeking to scale operations and gain market traction. Understanding the terms that venture capital investor will request in connection with an equity investment, typically first encountered within a term sheet, is crucial for entrepreneurs to make informed decisions and protect their interests. The National Venture Capital Association […]
Tell Us About Your Journey My journey actually starts growing up in an immigrant family. Both my parents moved to the US from Germany to a country where they didn’t know anybody. They didn’t speak the language, and they had enough money for a plane ticket back if things didn’t work out. Fortunately, through a […]
For founders embarking on their new journey, navigating the legal landscape can be a daunting task. Having the right legal counsel can make a significant difference in the success and sustainability of the venture. Here are some key considerations that startups should keep in mind when hiring an attorney. Key Considerations When Hiring An Attorney […]
We are living through another technological revolution with generative artificial intelligence (GAI) programs like OpenAI’s ChatGPT, Google’s Bard, and Microsoft’s Bing Chat (powered by GPT-4) at the center. In moments like these, early-stage entrepreneurs should be extremely cognizant of the value and pitfalls of these kinds of technologies. While there are GAI related products and […]
Unlike patents or copyrights, trademarks do not have fixed expiration dates. Instead, trademarks could last indefinitely as long as they continue to be used in commerce. If the mark is also registered with a government agency, it can be renewed again and again if certain maintenance documents and fees are filed. In the United States, […]
Hi, my name is Alden Zecha, I’m a Managing Director with SideCar Angels, a local angel investment group. Tell Us About Your Journey My journey has been pretty diverse, it’s very non-traditional. I came out of University/College with my education and started working in a corporate American R&D lab, actually at a work bench mixing […]
Network Coverage Managed IT Services was created with the goal of merging expert technology solutions with real business strategy. We wanted to help organizations find solutions that supported business strategy in effective, accessible, and pragmatic ways to optimize company performance while solving real business challenges.
In an ideal world, a startup (or, for that matter, any company, public or private) that needs to raise multiple rounds of capital as it matures and scales does so with increasingly higher valuations for each respective financing round. Unfortunately, that is not always the case. As we enter 2023, there are several forces chilling […]