As we know, Washington State recently approved the recreational use of marijuana, official as of December 1. As we also know, doing so remains a federal crime. This has caused a number of thorny issues for those in the business of growing and selling pot....
A Dallas jury has ruled that billionaire Mark Cuban was not guilty of insider trading of stock of Momma.com back in 2004. The SEC had alleged that Cuban agreed in a phone call with the Company's CEO to keep information about a pending stock offering...
I am a fan of the HBO TV series Boardwalk Empire. It takes place in 1920s Atlantic City highlighting the corruption and other problems mostly related to prohibition during an otherwise booming economic time. But signs of the times are everywhere. In a recent episode, a...
If you are working with a company that is offering to help you go public, hopefully you will insist on a variety of references. In prior posts we talked about meeting the last three CEOs that this advisor helped. This gives you a sense of...
The ABA Journal tells us of poor Donald Miller of Ohio. An alcoholic who lost his job and left his wife and town back in 1986, he was declared dead back in 1994, 8 years later. His "widow" has been receiving Social Security death benefits for her...
Sure we always had headphones. But back in the ancient 1960s, those headphones had a wire that had a giant plug that had to be attached to a "stereo" or "hi-fi" system in your house. These were expensive groups of components that would generally include...
They say there is no such thing as a free lunch. In Wall Street that is true for sure. So if you are considering going public through an advisor who specializes in helping companies do so, it is very important to understand what fees or...
Many entrepreneurs and aspiring entrepreneurs fantasize about leaving their corporate lifestyles behind in order to become their own boss. I did this relatively early in my legal career when I opened up my own firm. For the first six months it was literally just me....
The saying, "a pox on both your houses," believe it or not, comes from Shakespeare's Romeo and Juliet way back in 1592. The feuding Montague and Capulet families frustrated Mercutio, who said as he was dying, "A plague o' both your houses!" Having survived chicken pox...
As many of you know, I write a monthly column called "The Uncut Entrepreneur" for SmartCEO magazine. Check it out at www.smartceo.com! In any event, I had the pleasure today to attend a fabulous panel of entrepreneurs and investors talking about venture capital, the founder's...