Monday, April 8, 2024

Last Call for 2024 MN Cup Submissions

The MN Cup, a program of the Holmes Center for Entrepreneurship at the Carlson School of Management at the University of Minnesota, is the largest statewide startup competition in the country! Since its founding in 2005, it has served over 0,000 entrepreneurs and awarded over $5 million in cash prizes; in addition, MN Cup alumni have raised over $1 billion in capital.

Wednesday, March 27, 2024

Updated Resource for Entrepreneurs and their Lawyers

The National Venture Capital Association (NVCA) sets the standards, quite literally, on the forms used by most emerging businesses looking to raise capital. Founded in 1973, the NVCA is a research, advocacy, and professional development network—a non-profit organization supporting the venture capital industry and the various players that make up the community.

Monday, March 25, 2024

Kansas City Celebrating Women’s History Month

As many of you know, March is Women’s History Month. It seems very fitting that the CPKC Stadium opened its doors for its first home match on March 16, 2024. The Stadium is the first privately financed stadium purpose-built exclusively for a professional women’s soccer team, the Kansas City Current. The Current were founded in December 2020 as Kansas City’s National Women’s Soccer League team and are owned by Angie Long, Chris Long and our very own Brittany Mahomes, wife to three-time Super Bowl winner and Quarterback of the Kansas City Chiefs, Patrick Mahomes.

Thursday, March 14, 2024

First-Time Inventors Receive Boost from U.S. Patent Office

A patent portfolio can be one of the greatest assets that a company owns.

Patented technology provides value to a company that can lead to improved sales, revenue growth, and increased investment. Patents can convey great value and provide many avenues for sustaining and growing business operations. The exclusionary power of the patent right can create a foothold for innovative technology and enable a company to stake out territory that forces competitors to design around the patents, license the technology, or risk being sued for infringement. Patents also provide a basis for continued innovation and expansion through investment in R&D, covering improvements in technology, increasing the zone of exclusivity, influencing the prevailing state of the art, and tapping into new areas. And they provide added cachet in the marketplace: there is an inherent PR benefit to being able to advertise patented technology.

Monday, March 4, 2024

Corporate Transparency Act Unconstitutional?

Just last Friday, a Federal District Court in Alabama ruled that the Corporate Transparency Act (CTA) is unconstitutional. For those who haven’t been following the implementation of the CTA—which you could have done right here at entreVIEW back in this August post or in this December post describing updated rules for 2024, or even this Lathrop GPM client alert from all the way back in June of last year—it is a potentially big deal to small companies.

Thursday, February 29, 2024

The Entrepreneur’s Hero Arc

Mythology, particularly of the Greek variety, has always enraptured the masses. There is something captivating about heroes and monsters, gods and ghosts, and the inevitable triumph of good over evil that creates the perfect story. The myths have an even greater impact when they center on a lone hero embarking on an epic quest (e.g. Jason and the Argonauts; The Ramayana). This plotline hits closer to home because we regularly hear about everyday people achieving amazing things with the odds stacked against them.

Thursday, February 22, 2024

Generative AI Developments

Earlier this month, Minneapolis hosted and Lathrop GPM sponsored the 2024 Midwest Legal Coneference on Data Privacy and Cybersecurity. The conference covered a wide range of topics including generative AI developments, emerging state privacy laws, and strategies to mitigate cybersecurity risks. The generative AI sessions were particularly popular and had attendees buzzing with excitement (and admittedly, some trepidation) throughout conference. Conversations about the quickly developing tool spilled out into the hallways during session breaks and continued well into the evening—lawyers are an exciting bunch, aren’t they…