THREAD FOR LPs/GPs in VC:
1) I've been talking to VC fund managers (GPs)& the limited partners ("LPs") who invest in them (I'm an LP in numerous VC funds) about expectation for early DPI from seed&pre-seed funds. (DP ="Distributed to Paid In Capital" - i.e., cash $ back to LPs)
"SVB Fallout: VC-backed Startups May Extend Payroll & Avoid Furloughs" discusses state law & #FLSA issues for #startups confronting how to make payroll in light of the #SVB freeze, w/ @EdGrapeNutZimm & @MaiminRachel. https://t.co/pogFxaYYuJ #BankCrash#SVBCollapse
Lowenstein partner Julie Werner speaks to Human Resource Executive about the pushback she foresees to the Federal Trade Commission's proposal to ban noncompetes, and tells BioWorld how the proposed rule may affect the pharmaceutical and life sciences… https://t.co/2yzVPiDN02
Bloomberg Tax shines the spotlight on Lowenstein Tax Vice Chair Lesley Adamo, her work in her legal practice, and her life at home. https://t.co/3Tu88hYhBf
In The Deal, Lowenstein Private Equity Chair Steven E. Siesser discusses the current scrutiny PE firms are receiving from Washington for their M&A strategies and the time-tested tactic they are using to cross the finish line: withdrawing and resubmitting… https://t.co/LTDaxzQ7uc