Category Archives: Firm News

SAM Preccelerator Program Companies Showcase at TechDay LA 2015

Several Preccelerator Program companies showcased their businesses at the first annual LA TechDay LA at the California Market Center on Thursday, June 18th.  Companies included Rally, Verde Circle, Team(You), and SAM joint venture FlashFunders.

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TechDay is a massive science fair for startups. Startups have the opportunity to show off their products to thousands of consumers, the highest caliber investors, hordes of press, the most sought after talent, and the greatest pool of tech enthusiasts looking to celebrate emerging venture.

For more information about the Preccelerator Program, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310) 746-9803.

SAM Client Iris.tv Raises $5.3 Million to Deliver Video Recommendations

Iris.tvSAM client Iris.tv has raised $5.3 million in Series A funding for technology that makes personalized video recommendations to viewers who watch short clips online.  The startup’s customers are lifestyle, entertainment, sports and news organizations that own and publish a lot of short videos online, and who want to drive audiences to watch more videos through their own apps or websites rather than on YouTube or Facebook.

Publishers or networks can generate more revenue from videos viewed through their own apps, potentially, said Iris.tv CEO Field Garthwaite, in part because there are fewer distractions there than on social media platforms.

If users do fast-forward past one clip to see another using Iris.tv, the next recommended clip will be a video from the same content company that is tailored around their interests.

Investors in Iris.tv’s funding round included Sierra Wasatch, BDMI, Progress Ventures and individual backers including Machinima founder Allen DeBevoise, Lions Gate CFO James Barge as well as executives from Nielsen and AEG.

SAM Partner Louis Wharton represented Iris.tv in this transaction.

To view the full press release in the Wall Street Journal, click here.

For more information on our Venture Capital & Emerging Growth practice, contact Louis at (818) 444-4509 or lwharton@stubbsalderton.com.

SAM Alert – “.sucks” gTLD – End of Sunrise Period Quickly Approaching

.sucksAs the Internet Corporation for Assigned Names and Numbers (ICANN) has released new generic top-level domains (gTLDS), clients concerned about protecting their trademarks and famous names need to review their positions with respect to “defensive” domain name registrations.  The new gTLD receiving a surprising amount of attention is “.sucks”. Owners of registered trademarks who register prior to June 19, 2015 ( end of ‘Sunrise Period) with the Trademark Clearing House of ICANN will have the first opportunity to purchase the “.sucks” gTLD domain names. Those trademark owners who do not register or are not registered may still have an opportunity to acquire this gTLD . Unfortunately they may also face having to buy the “.sucks” gTLD from cybersquatters or those who seek to criticize the business or activities of the trademark owner.

The Trademark Clearing House fee to acquire the “.sucks” domain name during the Sunrise Period is higher than after the window closes as no priority is guaranteed. So the rights holder must consider how far it needs to go in defensively protecting its reputation or famous marks. Is it important to stop all gTLD’s using your trademark or name? Do you want to have to manage a portfolio of non-productive domain names? While critics of a company or individual might use the new “.sucks” gTLD to launch a website that contains criticism, how much of a difference would such a website make to the business or career of the target?  Couldn’t the same critics more easily use social media such as TWITTER or FACEBOOK to communicate the same criticism and possibly with greater impact and less effort?  A rights holder must also consider how difficult it will be under the current law to be able to stop such websites based on trademark infringement as such websites have been found not to violate owners’ trademark rights. Although the content of the site may be the basis for other legal claims.

Nevertheless, there are certain businesses and personalities for whom the existence of a critical or seemingly defamatory web presence cannot be tolerated. In such instances, obtaining the “.sucks” gTLD as well as “.XXX, .porn, and .adult” gTLD’s makes sense and provides a comfort level knowing that someone cannot post on these websites or hold up the rightful name owner for large sums of  money to acquire these gTLD’s.

Please contact your principal attorney at SAM or SAM’s Intellectual Property Group to assist you in obtaining any of the new gTLD’s during the sunrise period or thereafter.

 

Please contact:

Tony Keats-akeats@stubbsalderton.com or (310) 746-9802

Konrad Gatien-kgatien@stubbsalderton.com or (310) 746-9810

Kevin DeBre-Kdebre@stubbsalderton.com or (818) -444-4521

SAM Preccelerator Program Company CardBlanc Featured as Finalist in IDEO and MasterCard Challenge

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We are very proud to announce that our Preccelerator Program company CardBlanc is being featured as a finalist for the IDEO and MasterCard challenge: “How might we use the power of communities to financially empower those who need it most?”

View the Napkin Finance presentation:

https://openideo.com/challenge/financial-empowerment-challenge/refinement/napkin-finance-everything-you-want-to-know-about-money-in-30-seconds-or-less

CardBlanc is a virtual debit card that unlocks an effortless and secure mobile shopping experience. We are simplifying the process for teens to buy, and parents to provide control and supervision in a mobile environment. Napkin Finance is the brain-child of CardBlanc.

Congratulations Tina and Team! We’re rooting for you!

About IDEO –  IDEO is one of the most prominent design firms in the country. They create products for IKEA, Microsoft, HBO, among others.  They designed the first Apple mouse. Here is a video about them on 60 min: http://www.cbsnews.com/videos/how-to-design-breakthrough-inventions-50138327/

 

SAM Preccelerator Company Swggr Announces a Preferred Equity Offering on FlashFunders

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Swggr –  fashion love child of Instagram and Pinterest, is the first app designed to empower Millennial’s by providing a platform to directly style and share purchasable looks with friends all while getting rewarded! When users share styles from their virtual closet, they rack up points redeemable for discounts and exclusives from their favorite brands and retailers. TO INVEST OR LEARN MORE PLEASE VISIT: www.flashfunders.com/swggr

Equity Crowdfunding Platform FlashFunders Is Automating Securities Law For Seed-Stage Rounds

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SAM joint venture FlashFunders, an equity crowdfunding platform, is announcing a new program that automates the process for entrepreneurs, making it entirely free to raise an or invest in a seed round.

To read the full Tech Crunch article, click here. 

SAM Preccelerator Program Presents: “Pitching Your Financial Vision to Investors (and More)” with Eli Eisenberg – May 21, 2015

Join Stubbs Alderton & Markiles, LLP
for this exclusive event!

 

 

“Pitching your Financial Vision
to Investors (and more)”

 

 

This course will show you how to put your best foot forward when presenting your company’s business model to potential investors.  Areas covered will include:

1.       What investors are looking for in your pitch

2.       How to prepare a credible financial model

3.       Pitching techniques that work

 

 

 

Thursday, May 21, 2015

 

5:30pm-8:00pm

 

**Food, Drinks & Networking Included!**

 

Register!

 

Featuring

 

Eli Eisenberg has more than 35 years of hands on experience in the financial and business management of entrepreneurial companies.  As founder and CEO of Straight Line Management™, he specializes in providing financial expertise and mentoring to high-potential early stage companies. Mr. Eisenberg helps them to increase profitability, secure funding, evaluate and capitalize on opportunities, streamline financial operations, and get the financial side of the business under control.

Since launching his Straight Line Management consulting company in 1991, he has served as a trusted advisor to more than 70 early-stage companies, both traditional and web based, across a variety of industries including software and game companies, high and low tech manufacturing companies, wholesale distribution companies, product and services companies and non-profit organizations.

Prior to starting Straight Line Management, Mr. Eisenberg served as Chief Financial Officer for three high technology companies, served in senior financial and operational management positions (including VP of Finance and VP of Operations) in several other high growth companies, and established, ran and sold his own successful consumer products company.

Mr. Eisenberg has extensive experience in strategic planning, capital raising strategies, financial management and forecasting, business plan preparation, and development and streamlining of management reporting systems and controls. He received his MBA from the University of California, Berkeley in 1976 and became a Certified Public Accountant in the State of California is 1978. He is also a Fellow of the Larta Institute, where he conducts workshops and mentoring sessions for entrepreneurs in conjunction with their NIH, NSF, TATRC and USCA Commercialization Assistance Programs

   

Stubbs Alderton & Markiles, LLP
1453 3rd Street Promenade, Suite 300
Santa Monica, CA 90401
Parking
4th Street/Broadway ramp or in the Santa Monica Place Mall
We hope to see you there!

Vote For FlashFunders on TechCrunch’s Startup Alley Today!

flashfunders2SAM’s joint venture  FlashFunders is aiming to shake up the Financial Technology landscape with their innovative online equity funding platform.  We empower startups to raise capital for free and democratize investor access. Startups are able to manage their whole offering online while investors can discover new companies and invest as little as $1,000.

Here’s how to vote:

Voting starts at 8am EST and ends at 2pm EST (Make sure to get your votes no later than 11 AM PST).

  1. Go to: http://startupalleyny15.techcrunch.com/
  2. Select “Misc”
  3. Scroll down the FlashFunder’s row (7thRow)
  4. Click “Vote”

 

Help spread the word!

Stubbs Alderton & Markiles, LLP Announces New Class of Preccelerator Program

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Preccelerator Program begins its fourth class of companies in Santa Monica

Los Angeles (March 5, 2015) Stubbs Alderton & Markiles, LLP is pleased to announce the admission of a new group of companies to join the third class of its Preccelerator Program.  The Preccelerator is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space and access to sophisticated legal services, with the objective of helping start-ups grow their idea from business concept to funded startup.

The new participants include:

etouloo logoEtouloo – Today online dating sites are all the same. Members answer boring, scientific questionnaires and then write dreaded profile essays. Setting up a profile can be intimidating for many people and it’s just not fun for anyone. Dating sites rely on email, which is an ineffective way to get know potential matches.  Etouloo is an online dating service that uses gamified proprietary matchmaking algorithm to connect single adults via their unique gamified SparkFlirt(TM) platform.

LockawreLockAware – LockAware, Inc. is a new (2015) Los Angeles-based technology startup. LockAware’s primary goal is to significantly reduce fraudulent activity that is pervasive within the American locksmith industry. Its mission is to enable billions of dollars in lost revenue to be redirected to certified American locksmiths who operate as registered members of the LockAware network. LockAware Locksmiths, held to a high code of ethics and performance standards will aspire to restore legitimacy and trust to the time honored trade of locksmithing.

swggr homepage Swggr - The fashion love child of Instagram and Pinterest where users style themselves and others while being rewarded.  Users host a virtual online closet “collection” where they can instantly style and share looks for themselves, friends and followers. Users rack up reward points that are redeemable for discounts from their favorite brands and retailers, exclusive merchandise, and special access to fashion tastemakers.

Verde CircleVerde Circle – A software company that develops business software and services geared toward small to medium sized businesses.  Its initial product is a cloud-based software platform for managing inventory, sales orders, purchase orders and related communications.

Program Director Ryan Azlein states “We are thrilled to announce our newest Preccelerator participants.  As we continue to expand our program, we look forward to working closely with these promising start-ups toward achieving their goals over the next several months.”

The Program offers benefits such as free office space, real-time legal advice, partner perks, introductions to financing and other business services, and education and networking at their many in-house events.

The Preccelerator Program was launched early in 2013 and has had great success with its initial classes, which resulted in a majority of the companies being accepted into larger accelerator programs and incubators or successfully raising their seed funding round.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton is a business law firm with robust corporate, public securities, mergers and acquisitions, business litigation and intellectual property practice groups focusing on the representation of venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Their mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of their Firm.

For more information about the Preccelerator Program and to fill out an application, click here or contact Heidi Hubbeling at (310) 746-9803.

SAM Preccelerator Program Company Swggr, Inc. Announces Their Launch in App Store

 

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SAM Preccelerator Program Company Swggr, Inc. has announced their launch into the App Store.  Swggr is the fashion love child of Instagram and Pinterest where users style themselves and others while being rewarded.

Users host a virtual online closet “collection” where they can instantly style and share looks for themselves, friends and followers. Users rack up reward points that are redeemable for discounts from their favorite brands and retailers, exclusive merchandise, and special access to fashion tastemakers.

For more information and to download the app, visit swggr.net

For more information about the Preccelerator Program, contact Heidi Hubbeling at (310) 746-9803 or hhubbeling@stubbsalderton.com.