Exits for Startups In today’s deal environment, founders of startups seeking an exit are likely to encounter offers of equity or a mix of cash and equity. While Google, Apple, Facebook and Microsoft are flush with cash, private unicorns are also active acquirers today. These private companies have reached sky-high…
Payroll Protection Program Loans appear to be an obvious choice for cash-strapped startups. Yet PPP Loans come with hidden drawbacks, particularly when planning a sale of the company. Some are triggered at the time of drawing down the loan and others only at the time of forgiveness. Benefit: Free Money…
Belcher, Smolen & Van Loo LLP represented Sano Intelligence in its agreement to sell its assets to One Drop. One Drop, a leader in digital care solutions for people living with diabetes and other chronic conditions, acquired all of the assets and intellectual property of Sano Intelligence, an innovator in…
Amid all the other stimulus provided in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is a major change in the tax treatment of net operating losses (NOLs). This change is especially relevant for: acquirers and sellers of business assets and businesses who engaged in an initial coin…
BSV represented Hyphen, a leading employee listening and engagement platform based in San Francisco, in it sale to Betterworks. Betterworks will integrate Hyphen and its products in the Betterworks software solution for enterprises to have the capability to generate actionable insights from their workforce and create goals to drive measurable…
