On January 21, 2015 at The Standard, Highline, New York, New York, members of Epstein Becker Green’s Technology, Media & Telecommunications Strategic Industry Group, Stout Risius Ross (SRR), Axial and the New York State Innovation Venture Capital Fund led an informative roundtable discussion regarding “Moving to the Next Level: Valuation & Financing Considerations and Employment Strategies for Start-Ups and Emerging Technology Companies.” This two-part discussion addressed how to take a company to the next level from a financial and valuation perspective, and relatedly, how to manage and mitigate workplace employment issues to ensure the human capital engine of the business is sound.
Joining Scott Weingust, Director in SRR’s Dispute Advisory and Forensics Group and Co-Leader of SRR’s Intellectual Property Valuation Group, on the discussion regarding valuations and attracting capital were Sam Jacobs, Senior Vice President for Sales and Business Development of Axial, and Brian Keil, Managing Director of New York State Innovation Venture Capital Fund. This panel addressed such issues as understanding value of early state technology companies and ways to attract capital. Joining Co-Leaders of the EBG TMT Industry Group, Ian Carleton Schaefer and Michelle Capezza, on the discussion regarding workplace management issues were EBG attorneys Ian Nanos, Nancy Gunzenhauser, Dustin Stark and Kimberly Grant. This panel addressed such issues as attracting and hiring talent, immigration concerns, development of workplace policies, employee benefits and compensation to motivate and retain talent, as well as considerations when ending the employment relationship. Speakers from both EBG and SRR also highlighted the linkage between sound employment practices and its effect on a start-up’s valuation proposition, their attractiveness to capital and acquisition, in addition to compliance considerations.
Growing today’s TMT companies and managing the human capital that will drive success is not an easy task. With the proper guidance and advice to secure the necessary capital, and keep your workplace compliant with all applicable laws, you can grow your business and attract, motivate and retain the right talent. We look forward to assisting you achieve your business goals.