Given ChatGPT’s now-infamous capacity to generate its own legal opinions, complete with official-looking, but entirely confabulated, citations and quotations, it is not surprising that courts remain skeptical of its use

Continue Reading Court Rejects Use of ChatGPT-4 as a ‘Cross-Check’ in Plaintiff Attorneys’ Fees and Costs Petition

From floating infrastructure to biohacking, floating solar farms to AgTech, projects that are first of their kind bring with them exciting opportunities, but also unique legal complexities. In this recent
Continue Reading Maneuvering ‘Unicorns’ – Opportunities and Risks of Unprecedented Projects

  1. Get comfortable with your potential investor. The identity of the investor is the most important item of a term sheet, and canSeed Money for Piggybank make or break a relationship.
  2. Be prepared to share control and information, and to listen. People who think they know it all – don’t.
  3. Realize that valuation is only a component of an economic deal. Unrealistic expectations are often an excuse for investors to move on. Preferences can have a more material economic impact than valuation.
  4. Non-economic issues can be more important in the long run, such as veto rights, ability to influence exit, control over new investors, etc.
    Continue Reading 10 Tips for Entrepreneurs Seeking Capital