Category Archives: Press

SAM Joint Venture FlashFunders Featured on Fox Business News “After the Bell”

flashfunders

Following their October 16th launch, Stubbs Alderton & Markiles’ joint venture, FlashFunders has received enormous press coverage.  Yesterday, Fox Business News interviewed co-founder Vincent Bradley on “After the Bell.”

 

Other recent press for FlashFunders includes:

PR Newswire

Huffington Post

Crowdfund Insider

Wired Magazine (Online)

Inc.

WWD

Stubbs Alderton & Markiles’ Joint Venture FlashFunders Launches Industry Standard for Online Equity Funding

Flash Funders

No-Fee Platform Connects Accredited Investors to
Innovative Startups Pursuant to the JOBS Act

SANTA MONICA, Calif.: Oct. 16, 2014 – FlashFunders today announced the launch of its no-fee, online equity funding platform at www.flashfunders.com.  FlashFunders (member FINRA/SIPC) was started by Europlay Capital Advisors, law firm Stubbs Alderton & Markiles, and co-founders Vincent Bradley and Brian Park, and was formed to help startups raise capital efficiently while also opening up access to startup investing for accredited investors.

FlashFunders’ platform helps entrepreneurs navigate complex SEC regulations and offsets costly legal fees, while giving accredited investors unprecedented access to startup investment opportunities. FlashFunders provides a turnkey solution for raising capital and a marketplace where entrepreneurs can connect directly with accredited investors across the globe.

FlashFunders ensures all investors are accredited and that all offerings are SEC-compliant and executed using FDIC-insured escrows — which are created and paid for by FlashFunders.

“We worked with FINRA over the past year to expand the scope of our broker-dealer license, allowing FlashFunders to operate an online equity funding platform in a regulated environment,” said Vincent Bradley, the co-founder of FlashFunders. “We felt it was critical to ensure our platform was compliant for both startups and investors. Online equity funding is in its infancy and seeing tremendous growth; by engaging with FINRA, we’re leading the way for how it should be done — creating an industry standard.”

“97% of the 8.5 million accredited investors in the United States currently don’t partake in startup investing,” said Mark Dyne, the chairman and founder of Europlay, a seed and early-stage investor in technology companies, as well as former Skype seed investor and board member and founder and CEO of Sega Ozisoft, Virgin Interactive Entertainment, and many others. “This is largely because they don’t have access to early stage companies. Leveraging technology and decades of combined experience in finance, venture investing, securities law and startup operations, FlashFunders provides entrepreneurs and investors a secure, SEC-compliant user experience, with e-Signature technology and document management capabilities backed by a team of FINRA-registered representatives to help ensure successful offerings on the platform.”

“FlashFunders is designed to fundamentally alter the capital-raising process,” said Brian Park, co-founder of FlashFunders. “We provide startups with a compliant, efficient and no-fee online equity funding platform to develop their business plans, publicly market their offerings and collect funding from accredited investors —saving startups thousands of dollars in legal fees. At the same time, investors on FlashFunders can purchase shares directly in startups with no transaction fees or carried interest charges.”

FlashFunders creates a safe and intuitive process that allows investors to view startup offerings and execute investments legally and properly in minutes using Flash Seed Preferred documents and e-Signature technology.

FlashFunders has created “Flash Seed Preferred,” a set of safe, balanced and transparent investment documents that have been customized to facilitate fundraising on the platform, further streamlining a process that would otherwise take months of road shows, multiple middlemen and tens of thousands of dollars in legal fees to execute.

“Unlike other equity funding portals, FlashFunders does not curate or try to pick winners, and investments are not made through LLCs or Special Purpose Vehicles,” said Scott Alderton, Managing Partner at Stubbs Alderton & Markiles, LLP. “FlashFunders provides a seamless end-to-end solution for startups raising capital with virtually no external cost, fees or investor carry. FlashFunders receives an ongoing right to invest a limited amount under the same terms as all other investors if a startup is successful in getting funded on the platform.” Stubbs Alderton & Markiles, LLP is southern California’s leading business law firm, with deep experience in providing legal services to companies including LinkedIn, Beats by Dre and Skype, among many others.

The announcement today is the first phase of FlashFunders’ rollout. Additional enhancements to the user experience will be added over time along with new tools and technologies to increase functionality and scale. Offerings from startups will be incrementally uploaded by the site’s concierge service, which assigns a live team to guide entrepreneurs through the process.

“We are educating a new generation of investors and building a more efficient roadshow for startups,” said Vincent Bradley.

About FlashFunders

A registered broker-dealer, member FINRA/SIPC, FlashFunders provides a no-fee online equity funding platform for entrepreneurs to publicly market their offerings, collect funding from accredited investors and gain access to SEC-compliant legal documents and escrow accounts to create their offerings.

For more information, visit: http://www.flashfunders.com

Media Contact:
Amy Morris                                                 Susan Guerra
FlashFunders                                              Thatcher+Co.
amyshapiromorris@gmail.com               sguerra@thatcherandco.com
917.887.2725                                              973.650.6555

SAM Preccelerator Program Company CardBlanc Announces Its Launch

cardblanc

INTRODUCING CARDBLANC –
THE NEW DESIGNER WALLET FOR A 
VIRTUAL GENERATION

 New Mobile App Offers Consumers a Simple, Secure Solution to Shop Hundreds of
Top Brands and Share Purchases on Mobile Devices

 LOS ANGELES, CA (Tuesday, October 14, 2014) CardBlanc, a mobile shopping platform launches today, offering consumers a simple and secure solution to shop hundreds of top brands, connect with friends and share purchases on their mobile devices through a virtual card. CardBlanc is the first mobile application that provides members an all-in-one social commerce experience on a trusted digital payment platform.

 Here’s how it works:

  •  Download the CardBlanc App to receive a virtual personalized card,  with your name and a unique card number.
  • Easily load funds or request funds from family, friends, etc.
  • Shop by trends, stores, categories or specific brands.
  • Earn rewards and share purchases with friends.
  • CardBlanc is secure! CardBlanc authenticates each member and uses bank-grade security encryption.
  • CardBlanc is free to load and free to use.

 Once activated, members enter a curated shopping experience across hundreds of merchants, including, Forever 21, Saks Fifth Avenue, NastyGal, Urban Outfitters, Lululemon, Nike, TopShop, Neiman Marcus, J.Crew, Abercrombie, Victoria’s Secret, Bluefly, with new stores being added daily. Members can earn points and redeem them for hundreds of rewards through CardBlanc’s rewards program based on purchasing and sharing.

“We wanted to create a mobile shopping experience that was a one-stop shop for consumers, where they can learn to be financially responsible but still have fun shopping and sharing with friends,” said Tina Hay, CEO and founder of CardBlanc.

CardBlanc is a part of the Stubbs Alderton & Markiles, LLP Preccelerator Program and was selected by PayPal to join the Startup BluePrint program. CardBlanc is privately funded by investors including Tom Dolby.

 For more information, visitMyCardBlanc.com; CardBlanc is available now for iPhone on theApp Store.

About CardBlanc:

Founded in 2013 by Tina Hay, CardBlanc is a digital payment platform that unlocks an effortless and secure mobile shopping experience through a virtual card. We provide anintegrated shopping experience – payments, shopping, and social all in one.  Our focus is  bringing the best financial and shopping experience to consumers through thoughtfully designed mobile products and resources. For more information visit:http://www.mycardblanc.com.

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

Stubbs Alderton & Markiles, LLP Closes Financing Deal to Form Indigenous Media

Stubbs Alderton & Markiles, LLC closed a financing deal to form digital media company Indigenous Media.  This new digital media company is founded by  the team behind YouTube Channel WIGS, including producer Jon Avnet (Black Swan), his son Jake Avnet and director Rodrigo Garcia (In Treatment).  The deal received funding from communications conglomerate WPP and U.K. TV giant ITV.  Additional investors include Steven TischShari Redstone‘s Advancit Capital and Michael PriceJon Miller, former CEO of digital media for News Corp, has been appointed Indigenous chairman.   

To view the full Hollywood Reporter press, click here.

For more information regarding our Internet, Digital Media & Entertainment practice, contact SAM Partner Greg Akselrud at (818) 444-4503 or gakselrud@stubbsalderton.com

 

Please Vote! SAM Partner Greg Akselrud Submits Digital Media Panel for SXSW 2015!

SAM PARTNER GREG AKSELRUD HAS SUBMITTED A PANEL FOR SXSW 2015 MARCH 13-22, 2015 – AUSTIN, TX

VOTING NOW OPEN!

 

Please cast your vote by Friday, September 5 (11:59 PM CST).

To Vote: 

1) Sign up for a SXSW PanelPicker account (just your name and email required)

2)  Click on the voting link:

Vote to see my session at SXSW 2015!

Voting from the public accounts for about 30% of the decision-making process for SXSW panel programming. Also important in this decision-making process is the SXSW Advisory Board (40%) and the input of the SXSW staff (30%).  A few minutes of your time can make a huge difference!

Panel:

DON’T HIT SEND Avoid Mistakes of Snapchat & Tinder

Emails, text messages and chats overwhelmingly represent the ways in which we communicate for work and in our personal lives. The problem is – they create serious problems that can jeopardize what’s most important to us. Seemingly innocent communications can end your career, destroy your personal relationships, become leverage in disputes, and become media sensation. This presentation explains the many ways in which people can access your communications, and provides guidance on how to communicate in today’s digital world. Do you want your emails and texts to go public like the founders of Snapchat and Tinder? Didn’t think so.

Questions Answered

1)   How can your personal and professional communications create problems for you or your employer/client/customer?

2)  What do your computer and mobile phone know about you?

3)  How can people access your communications and other information?

4)  Can you safeguard your communications and other information, including deleting from time to time?

5)  How can you manage your communications in a digitally recorded world? 

 Panelists:

  • Greg Akselrud, Stubbs Alderton & Markiles, LLP

Link to vote: http://panelpicker.sxsw.com/vote/41735 

Congratulations to SAM Client Beats Music and Beats Electronics in Their Sale to Apple, Inc.

 

beatsStubbs Alderton & Markiles, LLP would like to congratulate long time client Beats Electronics and Beats Music in their acquisition by Apple, Inc.

In addition to acting as Beats’ counsel since its formation in 2008 by Dr. Dre and Jimmy Iovine, SAM was involved in the sale to Apple.  Attorneys assisting in the acquisition transaction included Scott Galer, Gaurav Krishan and Mariam Tonya Karson.

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

 

 

SAM Preccelerator Program Company Team(You) Announces Launch

TEAM-LOGO-TREATMENT-colorStubbs Alderton & Markiles’ client and Preccelerator Program company,
Team(You), a digital incentive tool, launched in June.
http://www.teamyou.co

The web application allows teachers and staff to administer incentive programs online. Through the system students are immersed in a token economy that increases financial literacy; the digital
tracking allows personalized student-teacher interactions.

The web application replaces incentives being widely used, like paper bucks or marbles in a jar through an easy to use seating chart interface. Students earn points for academic, life, and social skills like improving test scores, class participation, and helping out other students. Data is immediately recorded and can be analyzed by students and teachers.

Early demand is highest from innovative middle school principals looking to address the dropoff in student engagement in high school. “These principals are looking for the solution to that precipitous drop at the 8th grade,” says Andrew Cheeseman, Team(You) co-founder. “This system catches the students’ attention in 6th grade and continues with them through this critical growth spurt in their physical and emotional lives.”

Team(You) is the upgrade of a system with a seventeen-year development at after-school provider Bresee Foundation. Student engagement and enrollment boomed at the after school program, along with growth in the number of points students earned. Bresee students report that the chance to earn points was the reason they came, even on days they thought to skip.

Team(You) founder Cynthia Harrington, serial entrepreneur and financial services executive, volunteered to create a points-based financial curriculum that explained how the token economy was like real life, for which she was awarded the PF Bresee Award. Over 8,000 students have learned about earning and spending in real life while they accumulated over two million points.  “These students helped to write the curriculum from their own experiences,” says Harrington. “I added financial concepts as well as questions that challenged them to critical thinking about math as well as life problems.”

Demand for such a product was evident from the beginning. “‘Why can’t we have this?’ any school leader who saw the Bresee system would inevitably ask,” says Harrington. “With that kind of demand, we had a duty to make it available.”

The time tested software system from Team(You) makes it easier for teachers to administer incentive programs that most are already using, and it offers digital tracking of important behavioral trends. The program serves students of all ages; special features are designed for particularly critical years for increasing student engagement.

About Team(You)

Team(You) is the digital tool that increases school engagement. Education is one of the last industries to cut labor costs and to increase outcomes through the innovative use of technology. Team(You)’s proven system has value to classrooms across the world, and the company is meeting the challenge to bring enterprise-level software to individual use in the classroom. Founded in 2013 by serial entrepreneur Cynthia Harrington and backed by Wall Street and tech executives, the token economy that students find fun is a powerful learning tool for financial education. The relevant lessons and real-time reporting increases engagement across the school day and facilitates Common Core. Honoring the innovation that comes from the non-profit sector, Bresee holds an ownership stake in Team(You).

For more information about Team(You) contact: Cynthia Harrington, CEO, Team(You), cynthia@teamyou.co or visit http://www.teamyou.co/ 

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

SAM Preccelerator Program Company 3Ten8 Receives $250K in Funding and Acceptance into Citrix Startup Accelerator Seed Program

threeteneight

Congratulations to SAM Preccelerator Program Company 3Ten8!  They have been selected to be in the first class of of Citrix’s new program, Citrix Startup Accelerator Seed Program.  As part of their acceptance, 3Ten8 will receive $250k in seed funding, formal training and guidance from an Innovators Council comprised of CIOs and CTOs from AMD, Bosch, Citrix, Coca-Cola and Ricoh, as well as investors from top Silicon Valley VC firms. The will also present their products and services and report on their latest progress at the Innovators Day taking place at the Citrix Silicon Valley headquarters in Santa Clara. 

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

About 3Ten8

3TEN8 develops software that helps mobile network operators visualize network performance, analyze subscriber behavior and optimize their wireless networks; a state-of-the-art mobile device is only as functional as its wireless network. Currently, these networks are being managed by basic and inefficient tools. As telecom engineers, we grew tired of the shortcomings of these tools, so we took matters into our hands, dared to defy the status quo and created our own solution. 3TEN8 was founded by former employees of major telecommunications and software corporations. Merging the best of these two disciplines allowed us to develop an inspired and innovative software. By converting network data into easily understood and usable information, we have made it possible for engineers and executives to make more knowledgeable decisions. Ultimately better tools leads to happier engineers, improved networks, less dropped calls, and subsequently, happier customers and increased revenue. 3TEN8 targets 80+ mobile network operators in the U.S. and 800+ worldwide. 

To view 3Ten8’s pitch, click here.

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

Stubbs Alderton & Markiles, LLP Represents Client The Bouqs Company in $6M Series A Financing

flowers

SAM announced that it represented client, The Bouqs Company (TheBouqs.com), a premier cut-to-order online flower delivery service, in a $6 million Series A financing. Led by Azure Capital Partners and joined by KEC Ventures, funding will be used to accelerate growth initiatives including expanding the team, offering delivery outside the US, and scaling the company’s technology and infrastructure to keep pace with growing demand.  

SAM attorneys Ryan Azlein and Gaurav Krishan served as counsel for The Bouqs Company for this transaction.

“Interest from our customers has exceeded our wildest expectations. We are growing 8-10X year-over-year largely based on organic channels such as word-of-mouth, social, and referrals,” said John Tabis, CEO & Founder of TheBouqs.com. “We launched this platform to ‘rearrange’ the global $50B+ flower industry, and it’s thrilling to see both consumers and flower farms enjoying our simpler and more elegant platform for flower delivery. This new infusion of capital and a great set of advisors will enable us to expand our operations and Bouqs deliveries to even more households and businesses in the US, and soon around the world.”

To view the full press release, click here.

To view the PandoDaily article covering the deal, click here.

About The Bouqs Company
The Bouqs Company (TheBouqs.com) is a cut-to-order online flower delivery company. Founded by John Tabis and JP Montúfar, the company launched in late 2012 to create an online flower delivery service for the global, modern consumer. TheBouqs.com offers a simple shopping and superior customer service experience, and delivers high-quality, farm-direct, eco-friendly stems with honest and direct pricing. Bouqs are grown on eco-friendly and sustainable farms located 10,000 feet above sea level on the side of a volcano situated right on the equator in South America, or on similarly high quality farms along the California coast. For more information on The Bouqs Company, please visit: www.TheBouqs.com or watch the video.

For more information about our Venture Capital & Emerging Growth practice, contact Partner Ryan Azlein at (818) 444-4504 or razlein@stubbsalderton.com

SAM Public Securities Group Boasts Two Public Offering Deals in June

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Stubbs Alderton & Markiles, LLP’s Public Security Practice has had a successful June, closing two public offering deals in the first half of the month.

SAM advised client Resonant Inc. in its initial public offering of 3,105,000 shares of common stock at a price to the public of $6.00 per share.  The deal closed June 3, 2014.  To read the Stubbs Alderton press release, click here.

SAM also advised client Vitesse Semiconductor Corporation (Nasdaq VTSS) in an underwritten public offering of 8,582,076 shares of its common stock at a price to the public of $3.35 per share.  The offering closed on June 17, 2014.  To read the Stubbs Alderton press release, click here.

For more information about our Public Securities Practice, contact Partner John McIlvery at (818) 444-4502 or jmcilvery@stubbsalderton.com