Friends, Please find below our December monthly newsletter about the global Silicon Valley.The fourth quarter has seen significant upheaval in technology and life sciences markets. The IPO window has been shut since January, and the phenomenon of SPACs have seen their PIPEs freeze over. Valuations for innovative companies have come down significantly both for capital as well as sales of controlling
Foley Represents NEA as Lead Investor in $12M Series A Round for College Social Media App Fizz — Foley IgniteLouis Lehot is a partner and business lawyer with Foley & Lardner LLPFoley & Lardner LLP represented New Enterprise Associates (NEA) as the lead investor in the $12 million Series A funding round for Fizz, a social media app for college students. NEA
After M&A dealmaking cranked at an all-time high in 2021 with a record-breaking 60,000 publicly disclosed deals aggregating over $5 trillion, the waters of M&A cooled considerably in 2022, with only 22,000 deals with aggregate value of only $1.7 trillion year-to-date.What’s the risk?👉 On the heels of the “great resignation,” a historically low unemployment rate of 3.7% (October 2022, US Bureau
In the second episode of Foley & Lardner LLP’s Innovative Technology Insights podcast Jeff Elton, CEO of ConcertAI, joins Natasha Allen for an insightful discussion on the growing intersection of health care and artificial intelligence.Jeff and Natasha answer questions like:➡️ What are the areas of medicine that stand to benefit the most from AI?➡️ How will this adoption assist in addressing
Open Accelerator Week 11 — Company Formation & Legal w/ Louis LehotI am looking forward to joining Innowise Open Accelerator for Week 11! This week’s session will be centered around company formation and legal info for startups. I will be answering questions from the chat section at the end of the conversation, so don’t miss out on this great opportunity!Innowise’s mission is enabling
Commercial forms — such as quotations, purchase orders and invoices — and associated terms and conditions are ubiquitous in the supply chain and often the only contract between a buyer and seller.When used correctly, these forms efficiently document the parties’ understanding regarding their agreement, avoiding the need to negotiate a complicated contract. Often, however, businesses treat these form sales documents too casually and do not
On October 26, 2022, the Securities and Exchange Commission (SEC) adopted final rules implementing Section 954 of the Dodd-Frank Act by directing national securities exchanges and associations, such as the New York Stock Exchange and Nasdaq, to adopt listing standards that will require listed companies to develop and implement compensation clawback policies.Under the final rules, listed companies will be required
In case you didn’t hear, back on August 25th, the SEC adopted final pay versus performance disclosure rules.The breadth and complexity of the new rules require that companies begin to prepare the new disclosures to provide enough time for data collection, calculations, drafting, review, internal approvals, and appropriate coordination with the compensation committee ahead of the 2023 proxy season.The new rules
Latin America is a hotbed of entrepreneurial and M&A activity these days, and there are often cross-border venture capital financings involving Silicon Valley investors in syndicate with investors across Latin America.Andre Thiollier (Foley & Lardner LLP) and Leonardo Teixeira (Iporanga Ventures) spoke on this topic as part of the livestream for startup founders series hosted by 4thly and Foley and moderated
Louis Lehot (Partner, Silicon Valley) will be speaking as part of Propy’s Web3 & Real Estate Summit, covering the intersection of real estate with the power of Web3, Blockchain, Crypto, and NFTs in the real world and the metaverse.To learn more about the program and register to attend, please click here.Event AgendaThe Big Picture: Modern Tech Meets Real Estate
