…he several years. 40% of VC goes through Silicon Valley. The pace of 2017 is set to surpass 2016. Companies are staying private much longer. There is very robust innovation. Companies like Alphabet are setting up their own venture funds. Many more $10…
…wary. Angel investors needed. Hubs, like Silicon Valley, are full of funding sources but it is hard to find financing in rural areas… you have to move. JOBS Act will allow people to raise a little from a lot of people. Can raise money from people who…
…invested in their growth. No one here in Silicon Valley should want to leave average Americans out of their growth story. And investors should not be forced to choose being long American innovation and signing up for corporate royalty. That’s why I ho…
…any Listing Standards Request Background Silicon Valley entrepreneurs like to boast about disrupting the status quo. With good reason: From Alphabet (Google’s parent) to Zillow, young tech companies have achieved success by upending traditional busine…
…ng was the apparently growing opinion in Silicon Valley that rating agencies, such as ISS and Glass Lewis are so powerful and use such a badly designed and executed check box approach that companies increasingly feel the need for dual class structures…
…k offers readers a practical view of the IPO process and provides helpful advice on how to conduct a successful IPO in today’s environment. It provides an overview of the legal framework governing the IPO process, including what issues to consider whe…
…or fails. I often attend meetings of the Silicon Valley Directors’ Exchange. Events often involve frank discussions among directors at high-tech companies. I vividly recall an exchange a few years ago when several directors boasted that they would not…
…rnance Series – Part 3 of 3 Anne Chapman IPO and Silicon Valley Governance Anne Chapman, VP of Capital Research and Management, Capital Group; F. Daniel Siciliano, Faculty Director, Arthur and Toni Rembe Rock Center for Corporate Governance, Stanford…
…question. From my vantage point close to Silicon Valley, I see the Internet and inequality changing everything. Companies used to have to raise a lot of money to build factories, hire and train employees, set up distribution networks, etc. Now they ca…
…ss interfered at the request of CEOs and Silicon Valley years ago. CalPERS should be taking the lead on this issue. Instead they are hiding. Options are a form of compensation that clearly have value. A representation of that value should not remain h…
…and nominate directors you do not know. Silicon Valley is moving to insider/outsider boards. Outsiders will meet the judicial independence standards. When going IPO, that is the best time to get board members who will meet judicial independence stand…
…l-class offerings, especially in Silicon Valley. Is that shift progressive for the long-term or regressive? 14% of tech firms from 2011 had dual-class compared to 6.4% 10 years earlier. Google was something of watershed. Underwriters aren’t pushing ba…