Graffagnini + Associates, a local law firm in New Orleans, released a new report towards the end of Entrepreneur Week, Louisiana Venture & Angel Capital Report. The report “shows a significant amount of money flowing into later-stage entrepreneurial projects in the state, providing necessary capital for the entrepreneurial community to not only gain a firm foothold, but to sustain [...]
Scott Wolfe, Founder of Zlien quick pitches SBN today during New Orleans Entrepreneur Week. Zlien was a co-winner at Power Pitch, a NOEW event which put 12 entrepreneurs in front of a panel of venture capitalists. Zlien solves credit problems in the construction industry by enabling companies to collateralize their accounts receivables. ——————————————————————————————————————–—–——- We’d like to thank [...]
Capital Regions Venture Partners (CRVP), a new early stage venture capital fund, launches today in Baton Rouge with $5,000,000 to invest in startups. CRVP will focus on seed capital for startup and emerging technology and digital media companies in areas such as media, mobile apps, software, cloud computing, digital advertising and media, market technology and [...]
Launch Pad Ignition is a 12-week mentor-driven accelerator program for startups in New Orleans. Launch Fest is where these companies debut after the weeks of hard work and hope to gain funding. This year, there were 15 founders and 37 mentors. The event received national coverage and was featured in TechCrunch, TechCocktail, NOLA.com, and the [...]
Note: This post is part three of a three post series on New York-based startup Warby Parker, driven by interviews with Neil Blumenthal, co-founder and co-CEO. At it’s core, Warby Parker is a company attempting to deliver high quality, fashionable, prescription eyewear to consumers at a reasonable price. —————————————————— As co-founder and co-CEO of rapidly growing Warby Parker, Neil Blumenthal [...]
Join Taylor Davidson this Thursday for his popular Financial Modeling for Entrepreneurs Skillshare class. After teaching the class 5 successful times in New York City, Taylor is offering the class during Thursday’s lunch hour at Launch Pad in New Orleans. Zeb Dropkin, founder of @RentHackr, provided feedback for the class, “The topic is pretty complex and the class [...]
When a company decides to offer equity compensation in lieu of cash in order to align the interests of the shareholders with those executives/employees, it has to make some choices. It must choose to grant either Employee Stock Options (or Stock Appreciation Rights which are hybrid ESOs) or Restricted Stock (or Restricted Stock Units, which [...]
In September, the New Orleans BioInnovation Center facility opened its doors to support technology companies with high growth potential. The new facility pushes New Orleans towards the forefront of bio-innovation and makes the city a hub for world biotechnology. The New Orleans-based South Coast Angel Fund, which has invested in startups like Omnicademy, is one [...]
I recently had the chance to sit down with Taylor Davidson while he was in town for Tribecon. Davidson is a Senior Associate at kbs+p Ventures, responsible for sourcing and vetting deals. Having coached many entrepreneurs on how to raise capital, he offered our readers the following advice: Start talking to investors early. The earlier you bring them into [...]
Editor’s note: This post is the first in a new weekly series on start-up funding. Pauline Willeford of Venturable, LLC will cover various funding options, federal and state incentives, and the experiences of entrepreneurs in getting their ventures funded. We hope you enjoy the series, and welcome to the Silicon Bayou News team, Pauline! ———————————————————————————————— New [...]
