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What is a “Pay-to-Play” Financing?

Let’s start with a hypothetical: Tough Times, Inc. is in the market for another round of financing. By “in the market,” we mean they have spoken to dozens of ventures funds, have had first meetings with many and second...more

CARES Act: What the Paycheck Protection Program Means for Startups

On March 27, 2020, Congress passed, and the President has signed into law?, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act includes relief to small businesses across the country in the form of...more

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