In 2014 (year 1 of crowdfunding from accredited investors under the JOBS Act Title II) there were 534 successful campaigns. Most campaigns were in Seed and Series A rounds with rounds from $500,000 to $3 million. But there were 2,824 that did not get funded. However, with an average of $407,685 per company, crowdfunding […]
Now that we know what crowdfunding is, where it came from, where it is heading, and what potential it has, let’s focus on who the players in a crowdfunding campaign are, and some best practices for each player. In Part III, we will find out what a successfully launched crowdfunding campaign looks like – stay […]
This 3-part series is based on the handout I created for the Equity Crowdfunding Workshop When I solicited ideas from my colleagues and clients on topics of interest to cover during the Crowdfunding Workshop, the overwhelming feedback I received was “simplify and explain it to me”. Despite much content on the subject, there […]
Recently, we’ve been asked several times about the nature of a certain work as it relates to copyright infringement. “Is my work a derivative of theirs? I should be fine, right?” “Sure, I incorporate some of their copyrighted work, but mine is transformative enough, so I’m good, right?” As with most gray areas, […]
At Foundry we draft and review terms of service, terms and conditions, and end user license agreements on a regular basis. Each time, we are faced with the question of the best way to display the terms of service and have end users agree to them? In our work we always review the placement of […]
“Fashion Law”. It sounds like an oxymoron, doesn’t it? After all, fashion, which typically evokes images of supermodels and Anna Wintour, is more “The Devil Wears Prada” than “Devil’s Advocate”. Long considered too frou-frou for serious lawyers to be concerned with, fashion law has proven to be an emerging practice area in recent years, housed […]
Attending a Startup Weekend is like riding a rollercoaster for the first time: after you’ve attended once, you decide whether you’re a rollercoaster-person or not. If you are, you want to take another ride. And maybe another after that! Startup Weekend is a weekend full of hands-on experience where experienced and aspiring entrepreneurs’ work together […]
Something momentous happened in my life at Seattle Angel Conference VI (SAC). On November 12th, 2014, together with a community of supportive investors, I officially became an angel investor. But I am a lawyer and this is our firm’s blog, so why do I want to write here about my exhilarating experience of becoming an […]
Recently the FTC issued a warning letter to Cole Haan for a hashtag contest they were promoting on Pinterest, Contestants had to create a Pinterest board and post five pictures of Cole Haan shoes, pictures of places where they love to wander, and tag each photo with #WanderingSole, in order to win $1000 shopping money at Cole […]
Are you thinking about running a social media contest to engage your users and help your business stand out? We’re sharing our top ten things to think about to run a successful social media contest and create a positive experience in the process. What Kind of Competition are you Running? We start by noting the […]