“People are our most important asset.” It is the rare corporate employee who hasn’t encountered this hackneyed statement in an employee manual, executive speech, or HR PowerPoint presentation. While it rings somewhat hollow in this age of ever-increasing...
It seems that no list of potential angel investors would be complete without that person who just sold his company and now “has more money than he knows what to do with.” Surely, he will invest in Newco. There’s nothing sure about it. Time and again I encounter...
Pre-revenue startup. The term should be self-explanatory. A pre-revenue startup is a company with no customer activity or sales. Pretty simple, right? Then why do I meet so many entrepreneurs who do not understand this definition . . . or, at least, its valuation...
I am often asked to share my startup stories. I’m happy to do so . . . up to a point. I reserve the more unique, even bizarre, stories for future publication. Someday, I hope these vignettes will appear in a compilation of tales from the entrepreneurial...
Much has been written about the Supreme Court these past few weeks. The extensive and, often, heated public discourse made me think back on my own, more youthful past. One particularly disagreeable event came immediately to mind. It took place in a somewhat dreary,...
A new noncompete law takes effect in Massachusetts on October 1, 2018. Employers will be well served making sure that their noncompetes meet the new requirements. Local companies will be even better served by paying attention to their Nondisclosure Agreements...