Tag Archive: Los Angeles

Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Graph by Martin Kleppmann: Cap - Effective Discount on Conversion

Valuation caps can shape the fundamentals of an exit, redistribute value among stakeholders, or even kill a deal altogether. Never missing an opportunity for a good war story, I’d like to revisit one high-profile transaction, the $650 million acquisition of MySpace by Fox Interactive Media in 2005.

Resources for Early Stage Entrepreneurs: Fifteen Items in the “Top 10″

Following is the new, improved, Top 15 List of free online resources addressing key recurring themes and questions that founders raise in our initial meetings: Assembling a founding team, choosing and forming a legal entity, deciding on how to compensate co-founders and employees, gauging market conditions for VC and angel funding, deciphering legal jargon and documents used in VC and angel financing rounds, identifying and retaining the best professional advisors, and so forth.

Social Rewards mashes up loyalty programs, affiliate marketing and social media

Social media startup Social Rewards went live this week with an ambitious new service that aims to reshape the landscape of loyalty programs such as airline miles and hotel points, leveraging the power of social media to amplify marketers’ messages in a clever and cost-effective manner.

Working in Santa Monica, Coworking in San Francisco

As my firm picks up momentum, we’re putting down deeper roots in both Northern and Southern California.  Although virtual offices in executive suites offered convenience and flexibility during our launch, they’re less than ideal in the long run for many reasons.  At the same time, as I’ve written before, BLLG itself is operating as a…

Martindale-Hubbell Connects Lawyers, and… More Lawyers

Martindale-Hubbell is a legendary name in legal circles, synonymous with legal directories dating back more than 140 years.  Long before the Internet existed, a ritual among junior associates at law firms was to pull the weighty leatherbound tome off the shelf, find opposing counsel’s M-H profile and hand out copies to everyone on the deal…