Target Corp.’s Chairman and CEO Brian Cornell spent the last 13 weeks with Revolar, a Denver-based startup that produces an alert device designed to help people who feel they are in physical danger.
Prior FinTech Flash installments have addressed the pros and cons of marketplace lending companies entering into bank partnerships as well considerations relevant for determining whether a marketplace lending platform or its bank partner is the “true lender.” If a marketplace lending platform decides that it makes sense to enter into an arrangement with a bank partner, then it will need to negotiate and enter into a contractual agreement with its bank partner that satisfies applicable legal and regulatory requirements, establishes a structure for the arrangement intended to result in the bank partner being viewed as the “true lender,” and addresses other legal and business considerations.
Over the past five years, U.S. companies have purchased almost four times as many startups as European acquirers.
A recent study shows that new companies – startups – are currently at nearly a 40-year low.
In our last FinTech Flash we covered the pros and cons of marketplace lending platform companies entering into bank partnerships.
Wherever you are in your fundraising process, you need to keep your investors interested in your company. After a successful pitch meeting, investors typically like to have a longer meeting – often called a “deep dive”, where the perspective investors learn more about your company and its history.
FinTech startups are increasingly interested in partnering with banks to expand lending in online marketplaces.
On August 24, Goodwin partner Bill Growney joined Scott Orn on his Founders and Friends podcast to discuss Growney’s move to Goodwin last October and to provide guidance on fundamental legal issues startups and founders should be aware of.
Goodwin partnered with IBM and Lowekey, a digital technology firm, to launch the inaugural Lowekey Labs, a week-long camp designed to teach high school students mobile technology and entrepreneurship skills.