Venture Capitalists – The Last Holdouts on IPO Alternatives

I began my career at a law firm (now known as Fulbright & Jaworski in New York) that represented a number of leading venture capital firms. I worked on dozens of venture deals back in the go-go 1980s that led in many cases to lucrative initial public offerings that brought millions to the vc’s and ...

Thank You Thank You Thank You

I was just informed by Bloomberg Press, the publisher of my book, that Reverse Mergers: Taking a Company Public Without an IPO, is about to enter its third printing. I cannot overstate my appreciation for the support I have received from readers, blogees, clients and friends. Of course I also thank everyone at Bloomberg, as ...

Rule 415 and 144 Update Panel: Glimmer of Hope on Evergreen Requirement 2

Sorry, in this entry I’m going to use a bit of securities-lawyer speak, so I apologize in advance for those who were smart enough to skip law school. I just attended a “webinar” put on by DealFlow Media on Rule 415, Rule 144, Form S-3 and Rule 145 changes, interpretations and the like. I attended ...

"Cash and Carry" of Form 10 Shells Becomes More Popular

In my office we are seeing an noticeable increase in private companies going public through a merger with a virgin shell where, rather than convincing the shell owner to merge with them and leave the shell’s owners with a percentage of the equity, the private company takes over 100% of the shell’s stock. This is ...

Where are you from?

An earlier post talked about all the different countries blogees here are representing. I thought I would give you a flavor of what types of companies and enterprises are here. Google has some incredible analytic tools that keep track of what networks our visitors come from- and each month you come from nearly 1000 different ...

Great conference!

Just left (a little early) the 2-day reverse merger conference here in Los Angeles. The turnout was tremendous, participants interested, and our sponsor booth got a lot of traffic! Thanks to so many of you who came up and mentioned not only reading the book but being regular blogees. It does appear our industry is ...

The Case For Form 10 Shells – Reprinted from The Reverse Merger Report

I now have permission to post the guest column I wrote that was included in the May issue of the Reverse Merger Report. In anticipation of my panel next week in LA (see last post), I thought it might be helpful for you blogees who may not have caught the RMR to take a look, ...

Off to the Reverse Merger Conference – hope you all join! 1

The Reverse Merger Conference, produced by DealFlow Media, takes place this week in Los Angeles. I think to summarize the state of our RM world, it is flux. But truthfully, when was it not thus? And isn’t that what makes it exciting to wake up every day? The conference should be quite interesting. Here are ...

My publisher made me post this!

I am, seriously, honored that my book has recently received its second award, this time from the Axiom Business Book Awards which “recognize and promote the world’s best business titles.” My award was in the category of business reference books and was one of three such awards. As I just recently posted, the impact of ...

Transitions

My fabulous 18-year old daughter is graduating high school in just a few weeks. She leaves for college at the end of August. We will still revel in the hysterics our 6-year old son brings to every day, thank goodness, but we will miss her tremendously of course (actually my son may well miss her ...