There was great speculation that the decreased valuations of 2022 would lead to a surge in M&A activity; however, activity this year has been much lower than anticipated. A multitude of factors have slowed down M&A this year...more
While the story of the first ten months of 2022 was surviving crypto winter, there was also some optimism that better times were coming.
There is a newly elected Congress and new leadership, which many had hoped would be...more
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 (see our recent article), the waters of M&A cooled considerably in 2022, with only...more
11/22/2022
/ Acquisitions ,
Bureau of Labor Statistics ,
Career Development ,
Compensation ,
Employee Benefits ,
Investors ,
Mergers ,
Paid Time Off (PTO) ,
Private Equity ,
Resignation ,
Risk Mitigation ,
Stocks ,
Wage and Hour ,
Workplace Communication
Starting with a sell-off in public technology stocks (trading “FAMMGA” is no longer a winning strategy), the outbreak of war in Europe, upcoming midterm elections in the US, out of control inflation, rapidly rising interest...more
11/4/2022
/ Acquisitions ,
Buyers ,
Capital Investments ,
Capital Markets ,
China ,
Coronavirus/COVID-19 ,
Mergers ,
Price Inflation ,
Private Investment Funds ,
Russia ,
Sellers
As if we were not in a deep winter already in market conditions, Special Purpose Acquisition Companies (SPACs) are now facing a significant new hurdle. This is because the recently enacted Inflation Reduction Act (IRA)...more
A buzz is starting to build that we could see a return to blockbuster venture capital investment in 2023. Although firms have been wary of investment over the past few months, that is predicted to change. If venture capital...more
In our current economic environment, you would have to be hiding in a cave not to see, hear and feel valuations sliding downwards across the eco-system. It started in January 2022 when large-cap, mid-cap and then smaller-cap...more
We have all heard the saying, “It’s not what you know, it’s who you know,” and it’s often very true. Personal relationships of trust and confidence are the building blocks of business.
Building relationships early in...more
It's no secret that cryptocurrency markets and the larger digital assets economy have been roiled by recent instability, resulting in discussions about how regulatory initiatives, rising inflationary pressure, and public...more
8/3/2022
/ Anti-Money Laundering ,
Biden Administration ,
Blockchain ,
Copyright ,
Coronavirus/COVID-19 ,
Cryptoassets ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Enforcement ,
Executive Orders ,
Howey ,
Income Taxes ,
Investor Protection ,
Non-Fungible Tokens (NFTs) ,
Risk Assessment ,
Royalties ,
Securities and Exchange Commission (SEC) ,
Virtual Currency ,
Warranties
It does not take a genius to take notice of the changing face of the technology economy. When the largest social network in the world announces the slightest drop in growth – indeed, when it announces double-digit decreases...more
8/1/2022
/ Acquisitions ,
Alternative Financing and Procurement (AFP) ,
Cash Value ,
Customers ,
Employee Retention ,
Initial Public Offering (IPO) ,
Mergers ,
Special Purpose Acquisition Companies (SPACs) ,
Startups ,
Stocks ,
Venture Capital
Down rounds have typically been seen in a negative light, but a recent Axios Pro Rata article raises an interesting point. If everyone raises a down round, does anyone really notice? Do they still have the same negative...more
In 2021, we saw a cryptocurrency boom with record highs and a flurry of activity. However, this year, the cryptocurrency downturn has been significant. We have seen drops in various cryptocurrencies ranging from 20 to 70...more
The economic turmoil of the past six months caused by everything from inflation to interest rate increases to supply chain disruption, not to mention large scale war in Europe, and then massive increases in the price of gas,...more
CB Insights has released the preview of their State of Venture Q2’22 Report, finding a 23% drop in venture capital funding to startups on a global level in the second quarter of this year, with $108.5B raised across 7,651...more
There has been a great deal of change over the past year and a great deal of turmoil that is having a significant economic impact. We are seeing the implications everywhere from the gas pump to the grocery store to Wall...more
What to Consider When Structuring a Cash and Equity Transaction -
We have enjoyed low interest rates for years, leading to an increase in all-cash acquisitions. As valuations soared in 2021, we saw private equity firms...more
The U.S. Securities and Exchange Commission is adding 20 positions to its Crypto Assets and Cyber Unit.
These positions are all enforcement-related. None of the new staff will be charged with carrying out the SEC's...more
5/27/2022
/ 401k ,
Cryptocurrency ,
Cybersecurity ,
Digital Assets ,
Enforcement ,
Executive Orders ,
Fraud ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Stablecoins
Companies across every industry are jumping into non-fungible tokens (NFTs), seeking to seize what they perceive as huge business opportunities.
Attorneys working in the space see myriad reasons to be bullish, despite a...more
The success of any Metaverse project over the medium-term will be defined by its ability to maintain law, order, privacy and safety for all, particularly the target audience, especially where children under 16 are involved....more
5/13/2022
/ Biometric Information ,
Consent ,
Data Collection ,
Data Privacy ,
Metaverse ,
Minor Children ,
Privacy Laws ,
Public Safety ,
Safety Violations ,
Transparency ,
Virtual Reality
Creators, investors, users, and dealers of non-fungible tokens (NFTs) are at the forefront of the intersection of art, music, sports, entertainment, and technology — and they are simultaneously charting a new path when it...more
Today, there seems to be a constant stream of changing rules and regulations for companies to keep up with. This dynamic regulatory environment can be increasingly difficult for emerging companies to navigate, particularly...more
A key to success for any growth company is navigating the numbers, with success and visibility in accounting and finance, preferably up and to the right. Nowadays, companies are experiencing accounting challenges as they...more
3/25/2022
/ Accounting ,
Acquisitions ,
Due Diligence ,
EBITDA ,
GAAP ,
IASB ,
IFRS ,
Mergers ,
Public Accounting Oversight Board ,
Purchase Price Adjustment ,
Securities and Exchange Commission (SEC)
With the turmoil facing public markets in recent months, it’s not a wonder that we have not seen a flood of IPO’s in the first quarter of 2022. With companies putting their IPO plans on hold, this means that employees looking...more
On March 9, 2022, President Joe Biden signed the “Executive Order on Ensuring Responsible Development of Digital Assets” (the order), outlining his administration’s intention to begin a strategic review of potential...more
3/16/2022
/ Bitcoin ,
Central Bank Digital Currency (CBDCs) ,
Department of Homeland Security (DHS) ,
Digital Assets ,
Digital Currency ,
Ether ,
Federal Reserve ,
Global Market ,
Joe Biden ,
Money Laundering ,
Non-Fungible Tokens (NFTs) ,
Risk Mitigation ,
U.S. Treasury
An interview with Louis Lehot, Partner at Foley & Lardner by Richard Hsu...more