Wednesday, April 18, 2012
How do you make traditional phone service and
client/relationship management software not only extremely
affordable but also innovative and fun? Give it to a couple of
Purdue student “geeks” and turn them loose on the business
world. Since 2007, Cameron Weeks and his business partner
Wednesday, January 11, 2012
This year's TechPoint Summit was filled with inspiring stories, new
ways to innovate and many developers reaching out with their
product and to others products as well. One positive side that
has arisen in response to the down turn of our economy is
the strong urge for new development and innovation...
Friday, October 21, 2011
When considering entering into a partnership or making a private
investment in an early stage company, beware of the “idea
guy”. This is a title sometimes used by entrepreneurial
minded individuals who don’t contribute to the growth of the
company through development, sales or management but...
Wednesday, September 14, 2011
The following is a guest post by a fellow Gravity Ventures member
and friend, Dr. Tony Ratliff:Learning to Pitch Before You Start
Raising Capital By Dr. Tony Ratliff It only took about six months
of deal flow and a handful of “pitches” before I realized that most
entrepreneurs are really, really bad...
Thursday, January 1, 1970
It is with deepest pride, and greatest pleasure, that I announce
the newest additions to Alerding Castor Hewitt LLP, attorneys Eric
Davis and J.R. Hensley. A welcome supplement to our business
law staff, Eric and J.R. will each provide new and unique functions
to the team.David Castor, a founding...
Thursday, May 26, 2011
Determining a valuation for a pre-revenue company is a difficult
process. A Harvard VC formula does not make sense at this
stage as available P/E ratios essentially compare apples to
oranges, cash flow projections are too untrustworthy to use a DCF
method, and there is no such thing as a true...
Tuesday, May 24, 2011
There is a new Seventh Circuit Court of Appeals opinion that is
likely to have a significant impact on SaaS providers. In
Digitech Computers, Inc. v. Trans-Care, Inc. (link here), the 7th
Circuit focuses on a SaaS agreement for Digitech to provide certain
management software licensing components...
Tuesday, May 24, 2011
Angel investment groups tend to quickly dismiss investor
presentations that cover complicated products and markets.
They tend to lean towards investment opportunities which they
easily understand the market – often even if it as a worse
valuation or lower expected return than other more complex...
Tuesday, May 10, 2011
On Friday, May 6th, Slingshot SEO announced in a meeting with
Governor Mitch Daniels and Indianapolis Mayor Greg Ballard that the
company will create up to 114 new jobs by 2013. As one of
Alerding Castor Hewitt's most beloved clients, we could not be more
thrilled to see how far the search engine...
Monday, June 6, 2011
the launch party on June 2nd, JabuAfrica has instilled their
mission, spirit, and passion in the community. The mission of
the nonprofit organization is to provide financial and emotional
aid to orphans and families who run orphanages throughout
Africa. JabuAfrica came...
Tuesday, April 19, 2011
All securities offerings fall into one of three
classes:1. Registered, 2.
Exempt, or 3. Illegal.Private offerings of
securities are just that – “private”. The key for any private
offering is that the offerer may only solicit investors through
private methods. There are all sorts of rules...
Tuesday, April 12, 2011
Very interesting article from CNet regarding the proposal to be
made by Senator Dick Durbin (D-Ill). The article can be found
here. Basic point of the article is that Senator Durbin
wants to add sales taxes to on-line sellers like Amazon and iTunes
(although I would note that I think iTunes...
Monday, March 7, 2011
It isn't often that business law firms have the opportunity to
really celebrate the success of clients. Typically, the day
to day is more about filing regulations with the SEC, setting up
corporations and the like with the IRS, and drafting contracts,
agreements and subscriptions. Always out to...
Monday, February 28, 2011
Agreement titles are funny things. In their best use they
quickly describe the general subject matter of the contract.
For most situations a simple title is helpful. E.g.,
"Services Agreement" helps differentiate between a contract for
services and one for goods. That is helpful. Many
Thursday, February 17, 2011
I have said it a million times since learning the lesson myself in
a failed entrepreneurial effort a couple of years ago, the CEO of
any entrepreneurial venture must understand the importance of
managing cash flows and how to use cash flow analysis for the
strategic growth of the company.Trust me, I...
Wednesday, January 19, 2011
Indianapolis, IN – Mike Alerding, founding partner of Alerding
Castor Hewitt LLP, is slated to teach Business Law at Harrison
College this spring. The course combines the understanding of
legal theory with the acquaintance of the various forms of
contracts. Students will be taught the essentials...
Monday, December 20, 2010
Your friendly neighborhood litigation attorney at Alerding Castor
Hewitt, LLP with a final post for the year to all of our business,
Indiana internet litigation, and technology law clients.
Saturday, December 25th will no doubt be a date of celebration in
many homes. As you spend time with your...
Monday, November 29, 2010
I hope that you all had a thankful and fulfilling turkey day.
Your friendly neighborhood technology legal counsel stuffed
himself horrendously. But, I digress. I know that I owe
you all part 2 of my discussion of the legal landscape of corporate
blogging, and I promise that I will get that posted...
Monday, November 15, 2010
“What are you doing with my money?” No, it’s not your mom or
dad asking or your friend you lost a bet to on a college football
game – it’s your potential investor and they’re asking one of the
most fundamental questions in a capital raise. Why?
Because you forgot to answer it ahead of time!...
Friday, November 12, 2010
Thanks to the wonderful folks over at Compendium Blogware, I
presented a fun webinar last week on the Legal Landscape of
Corporate Blogging. Don't fret, dear reader; I intend
to put together several posts over the weekend that hit the
highlights of my presentation. Overall, I discussed...