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 am all into the Six Sigma approach of throwing a couple
of innovators together, rolling out a v1 product as quickly as
possible, and slowly scaling the company from hobby phase to a
successful...
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The first caveat is that I'm sorry I haven't posted anything
recently. Work here at Alerding Castor Hewitt has been going
like gangbusters and yours truly has been up to his distinguished
eyeballs in work. Trust me, however, I'm now dutifully
committing myself to continue providing insight and humor as your
Indiana Internet Litigation guru.
Second caveat is that this post actually has nothing to do with
privacy litigation, software litigation or really any other
technology law issues. ...
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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
family, remember how special the day is and all of the changes that
have taken place in the last 20 years.
Some of you might wonder what I mean exactly. I’m not referring to Christmas. And for those...
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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 in the near
future, but two recent opinions in some non-Indiana Internet
litigation piqued my interest and I had to talk about them.
Both rulings involve application of the liability...
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It has been said a million times already on this blog – a CEO,
especially one which is seeking funds from private equity
investors, needs to understand finance. Often a basic
knowledge of sources and uses and cash flow analysis is enough, but
in many early stage investment rounds, savvy investors expect the
CEO to know the company's internal rate of return (IRR) - and
why it matters.
I meet many entrepreneurs who have served as VPs or middle managers
before embarking on their entrepreneurial...
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Next week I am moderating the plenary panel at TechPoint’s
Innovation Summit entitled
Funding Innovation.
Check it out:
TechPoint
Innovation Summit
Also check out the
sponsors page. I
counted today, and
nine Alerding Castor
Hewitt clients are sponsors of the Summit. That is
awesome.
This year’s panel members represent private equity investors, angel
investor groups, successful entrepreneurs and grant funding
organizations which look for funding and investment opportunities
in Indiana...
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Ok, I'll admit it. I was in a rut. Although I found
numerous interesting tidbits through-out cyberspace, I could not
find anything that piqued my interest enough to put aside the
billable hours of a technology legal counsel for a few moments to
blog about it. But, lo and behold, a college student with a
sense of panache, an aspiration for humor, decent journaling
skills, and access to PowerPoint and the Internet has become my
muse.
For those of you that don't know, 2010 Duke graduate...
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Your
friendly Indianapolis attorney at Alerding Castor Hewitt, LLP with
a brief overview (not an in-depth analysis of all of the legal
issues) of some recent Seventh Circuit decisions involving internet
litigation, trademark disputes, and anti-cybersquatting that could
affect technology, software, and business clients maintaining
websites and engaging in cyber-marketing.
Last Friday, October 1, 2010, the Seventh Circuit upheld the
dismissal of a suit for lack of personal jurisdiction...
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I guest lectured at Purdue’s Entrepreneurship Capstone course again
last week. I love it – for an hour I talked about my
experience in entreprenuerial law, business law and funding law to
Seniors in Purdue's entreprenuership concentration program on
issues consider when structuring a new company. Honestly, I
thought I had them bored out of their minds (yes, there was that
one Greek letter wearing frat guy who was asleep about 10 rows
back), but I was impressed when we got to the Q&A time...
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Another
post that doesn't quite fit neatly into Indiana Internet litigation
or privacy law, but that intrigues me. BusinessWeek, passing
along a Tim Greene article from NetworkWorld (found here:
www.networkworld.com/nwlookup.jsp),
is reporting that the U.S. military has issued an essay in which it
urges its expertise in defense be put to use in protecting civilian
networked infrastructure, such as power grids, financial
institutions, etc. The essay from Foreign Affairs sets out
the concept...
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I don't often blanket repost other blogs that I see, however, in
this instance, I think it is appropriate. Venkat, writing for
Professor Goldman's blog, writes an excellent analysis of the
recent ruling in the
In re: Easysaver Rewards Litigation(S.D. Cal. August 13, 2010). This is a very interesting case
in that it covers several different, more traditional causes of
action and analysis. I'm interested to see what ramification
this case is going to have on SaaS law and privacy
litigation....
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Back in October, 2009, I posted about the new endorsement /
testimonial rules set out by the Federal Trad Commission (
blog.alerdingcastor.com/blog/alerding-castor/0/0/ftc-makes-changes-to-blog-law).
There has been some development since that time, but mostly
everyone is still watching and waiting. The FTC did
threaten to pursue Ann Taylor back in April, but otherwise, it has
been relatively silent.
That is, however, until now. On August 26, 2010, the FTC
reached a settlement with Reverb...
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I was reminded today of something told to me by a friend last
year:
Good people who are smart
ask good questions
Bad people who are smart ask bad questions
Good people who are not smart ask bad questions
In business we are always looking for answers – but what we
really want are good answers. Today the issue is never
whether we have enough data (we arguably have too much), it is
whether we can properly utilize that data to make better
decisions. I see this especially in my Internet Law /...
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The ACH litigation team had its first ever (as far as I'm aware)
litigation retreat this weekend, and as I reminisce on our time, I
am struck by the realization that to be a successful business, you
have to allow your team to envision and strive for excellence with
you. This weekend we had some great discussion and
"vision-casting" on the areas of privacy litigation, Indiana
probate litigation, business law, Internet litigation, banking law,
SaaS litigation, and several other areas where we are...
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FIRM JOINS INNOVATION SUMMIT AS SPONSOR
For the second year in a row, the
firm committed to this year’s Innovation Summit as the Plenary
Panel Sponsor.
This annual event brings together entrepreneurs,
executives and policymakers for learning, dialogue and debate on
the central challenge of today’s economy – turning today’s ideas
into tomorrow’s business breakthroughs. The Summit includes keynote
speakers, breakout sessions on a variety of innovation related
topics, and dozens of trade and...
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Your friendly Indianapolis attorney and Partner In Success at
Alerding Castor Hewitt, LLP here with another post, this time for
both business entities and lawyers who find themselves in the
trenches of business law, SaaS law, internet laws, and privacy
litigation and probate litigation.
Partner and fellow blogger Dave Castor sort of beat me to the bunch
by pointing out a great blog post by Michael P. Alerding (ACH’s
Mike Alerding’s father) at Alerding & Co., LLC, which Dave
re-posted below. I...
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The post below is fantastic. It is by Michael P. Alerding,
CPA (my business partner's father) at his accounting firm's new
blog site. He gave me permission to re-post it here (thank
you Alerding & Co.). Check it out:
Alerding & Co. BlogWhat Happened to Business
Ethics?
By: Michael P. Alerding, CPA
Every time I get a contract to sign, I find it almost impossible to
spend the time reading the fine print and trying to understand all
of the future implications of the agreement. As my son,...
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One of my favorite movie scenes is from
The Jerk.
Navin Johnson is working at a carnival guessing peoples
weight. He is talking to Frosty, his boss:
Navin R. Johnson:
[bleakly] I've already given away eight pencils, two hoola dolls,
and an ashtray, and I've only taken in fifteen dollars.
Frosty: Navin, you have taken in fifteen dollars
and given away fifty cents worth of crap, which gives us a net
profit of fourteen dollars and fifty cents.
Navin R. Johnson: Ah... It's a profit deal. Takes
the...
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FOR IMMEDIATE RELEASE
July 23, 2010
Contact: Lainey Scheetz
317.403.9012
lscheetz@alerdingcastor.com
ALERDING CASTOR HEWITT, LLP CLIENT NAMED 10TH FASTEST GROWING
PRIVATE COMPANY IN INDIANA FOR THIRD TIME
Indianapolis, IN – Iasta, the leading provider of eSourcing
software and solutions, was titled as the 10th Fastest Growing
Private Company in Indiana for 2010 by the Indianapolis Business
Journal (IBJ). A third time honoree, Iasta boosted its
three-year growth rate at 134 percent.
The report...
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There is a great article in the July-August edition of the Harvard
Business Review entitled
The Early Bird Really Does Get the
Worm. The article summarizes a study which found a
correlation between "morning people" and career
success. This is based on a number of traits which are
commonly found in morning people.
Traits
Agreeable
Optimistic
Stable
Proactive
Conscientious
Satisfied with Life
Being a morning person, of course I loved this! Most days I
am the first in the office. I love getting...
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