In Case You Missed It: Launch Links - February 2020 #2

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Some interesting links we found across the web this week:

5 Startup Challenges That Derail Many Entrepreneurs
Starting any business has key dependencies on at least a few major elements: (i) your product design and delivery, (ii) the right people on the team, (iii) adequate funding, (iv) a sizable market opportunity and (v) marketing. This AlleyWatch article provides insight on each of these elements to warn entrepreneurs ahead of time to be on the alert for these challenges. 

6 Startup Team Members Who You Need 
Great ideas may start and fail, but the right team always seems to make good things happen, even without the ultimate idea. This is exactly why investors invest in people rather than ideas. This article from AlleyWatch suggests a few personalities and roles one may want to consider while they build their team, including having a technical genius who gets the product off the ground and a trusted leader who everyone else is willing to follow.  

How Do I Buy Out an Equity Holder Fairly?
Getting equity back from an existing stakeholder is not easy, but is possible. This article by AlleyWatch uncovers a few strategic ways to get some of that previous equity back from investors for a variety of reasons.  

California’s New Privacy Law is Off to a Rocky Start
California’s Consumer Privacy Act (CCPA) now allows state residents to reclaim their right to access and control their personal data. The new law lets users request a copy of the data that tech companies have obtained about them, delete the data when users no longer want a company to have it, and demand that user data isn’t sold to third parties. It is the largest statewide privacy law change in a generation and has led tech giants to spent millions of dollars to comply with the law and have many more millions set aside to deal with the anticipated influx of consumer data access requests. This TechCrunch article explains ways in which the tech giants have resisted the new law, some in ways that have made it downright difficult and more invasive for users to exercise their rights, largely because every company has their own interpretation of what compliance should look like.  

Links compiled by Shafi Armatis.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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