The number of ad tech firms being bought by private equity companies has been steadily rising over the past three years and the trend shows no sign of dissipating. He says socially conscious coding academies might offer an alternative path of entry for people of color, women and other marginalized groups to enter the tech industry, and that more of these schools are coming online, along with a number of grant-funded training programs aimed at diversifying the industry.
Update: Here’s a related article from Steve Denning in Forbes, featuring some insights from Steve Jobs about what causes great companies to decline (power gradually shifts from engineers and designers to the sales staff) and how the life expectancy of firms in the Fortune 500 and S&P500 has been declining over time.
We’re currently counsel to over 500 technology-based clients, including some of the leading wind, solar and biofuels companies and represent 200 venture capital and private equity firms, leveraging relationships with investors on behalf of our clients.
The idea behind these transfer restrictions is to give the company’s existing stakeholders the ability to assess whether outside/unknown parties should become stockholders of the company (early-stage companies usually have very small stockholder bases).
Fast forward two years – through a turbulent global market, a clogged IPO pipeline and prominent companies like Square ( SQ ) forced to go public at lower valuations – and startups finally start to lower their expectations for how much they’re worth.