A panel of women in law discussed gender hierarchies and how it applies in the legal world today. Subtopics for discussion included: How women can build up their businesses, and how gender comes into play within our careers.
According to The State of Women in the Labor Market in 2023, 75% of women ages 25–54 are employed today, compared with slightly more than two-thirds a decade ago. Furthermore, 84 percent of employed, prime-age women work full time. Forbes estimates that women account for 70-80% of all consumer purchasing, through a combination of their buying power and influence.
As more and more women thrive professionally, how will they invest and spend their money, whether as professional or angel investors, or consumers? Will they be more willing than their male counterparts to buy from and invest in companies founded by women and minorities?
In an ever-globalizing economy, companies are now more than ever looking beyond their domestic borders to grow - whether that includes scaling in another country or accessing capital markets and investment overseas. As businesses continue to engage across borders and tap international markets, companies will inevitably face a host of challenges when operating abroad. In this panel, we discussed the legal implications of creating a business presence in the United States. From creating your entity, to intellectual property valuations, to human resources compliance, and even your bank account, panelists from SSM, Aranca, and Vistra went through the fundamentals of positioning your company to scale within the United States.
A panel of powerful female law firm owners discussed race, gender, and intersecting social hierarchies and how they've gotten to where they are today. Subtopics for discussion included: How women, those who identify as female, and women of color build a law practice and how might gender and/or race, for example, come into play, the responsibility of female law firm founders to mentor and sponsor more junior attorneys, and how to build and manage relationships with clients, referral sources, and other third parties external to the firm in light of existing gender and racial biases in larger society.
Austin Humble presented on flipping a Swiss entity in preparation for an American venture financing versus incorporating an American subsidiary of a Swiss entity. He also discussed the typical ways in which early stage companies raise money in the US and current American venture statistics in Q3 2023.
SSM's Lindsey S. Mignano and Courtney T Chew present on various panels at the Bar Association of San Francisco's Women's Impact Network Conference on October 23, 2023. Lindsey presented on a panel entitled, "Embracing Diversity, Equity, and Inclusion in the Legal Profession." Courtney Chew presented on a panel entitled, "AI in the Legal Profession." Austin Humble, our fearless male feminist was in attendance to support the team.
Lindsey S. Mignano, Rita Astoor of Carta, Michelle Edwards of Perkins Coie, Dane H. Patterson of Goodwin, and Heidi Shortz Walas of Gunderson presented at an in-person and Zoom panel entitled, "How to Raise Money: Structuring Venture Deals Across All Stages of Life". Panelists discussed deal terms in early and late-stage venture capital investments; advantages and disadvantages of using convertible notes or SAFEs, versus Model National Venture Capital (NVCA) Series Seed or A documents in priced equity rounds; essential v. "optional" NVCA clauses; how different perspectives and interests of strategic investors and impact investors affect terms; and legal implications of including foreign investors in rounds for US companies.
Panelists from OpenAI, Touring Capital, SSM, Vouch, and Wells Fargo for a lunch and learn on protecting AI startups. Speakers shared their experience with AI startups, covering key legal issues in the AI space, risk mitigation tools for AI founders and operators, as well as key regulation forecasts. Panelist included: Ashley Pantuliano of Open AI, Priya Saiprasad of Touring Capital, Kelly Lawton-Abbott of SSM, Sophie Mc Naught of Vouch and Swarup Pogalur of Wells Fargo.
Lindsey S. Mignano presented on flipping a Swiss entity in preparation for a venture financing event and current venture statistics in Q3 2023 for SwissNex's quarterly cohort. This event is invite only.
In 2022, Crunchbase reported that global venture funding totaled $445 billion, a 35% year-over-year decline from the $681 billion startups raised in 2021. This represented an even steeper pullback than was experienced after the 2008 financial crisis or dot-com bubble, per Preqin data reported by Bloomberg. Yet, early stage startups at the Angel/Pre-Seed, Seed, Series Seed and Series A levels have remained relatively insulated from market volatility to date. How does that affect early stage startups’ negotiating power? What terms should a startup founder look out for in negotiating their raise? Lindsey S. Mignano presented on this topic at TechCrunch Disrupt on both days, September 20 and 21, 2023.
SSM's Lindsey Mignano will be presenting online as a guest lecturer for LawSikho India on flipping an entity in preparation for a venture financing event and current venture statistics in Q3 2023. This event was invite only.