[author: Jared Brenner]
Some interesting links we found across the web this week:
Funding for Venture Capital-Backed Fintech Startups is Poised to Hit a Record in 2016
Some perceive fintech to be defying gravity in a down market, and now the deal results are there to prove it. Take a look at the latest numbers in this report from Bloomberg. (And, by the way, we’re very proud to sponsor the Startupbootcamp FinTech accelerator here in New York this summer!)
EU lawmakers push for renegotiation of US data transfer deal
The “Privacy Shield” deal we’ve mentioned previously will set new standards for data transfer between American tech companies and their European users and customers. The deal has been in flux for some time, and as this report from The Hill suggests, EU lawmakers may be slowing it down further. We’ll keep you posted.
For Smart Home Startups, It's No Longer About Platforms, But Simplicity
Great thoughts from an IoT analyst for Forbes on beating the odds in the smart home market.
How Cybercrime Startups Are Adopting Mainstream Tech Business Practices
And elsewhere from Forbes, a thought-provoking piece on the ever-blurring lines between startup founders and hackers.
A Little-Known Rule Could Force Startups to Divulge Financial Info
Delaware is still the best place to incorporate for most companies, but be forewarned: later-stage startups have seen an uptick in litigation with their own investors based on an obscure provision of the Delaware corporate law allowing inspections of corporate financials and contracts. Make sure you trust your benefactors, and most important of all…
Starting a Company? Don't Hire a Cheap Lawyer
…Set yourself up with a strong legal team from the start! Pardon the shameless self-promotion, but we’re big fans of David Rose and his writing. Check out his new book and click through to the AmEx link in this article for bonus tips on effective pre-recorded pitching.
Inside the Venture-Capital Arm of “Sesame Street”
Yes, you read that correctly! The brand-new Sesame Ventures is investing in kid-friendly edtech startups as part of an ongoing effort to save their timeless TV program and brand. Get the inside story on how the project came together from The New Yorker.