Blog

04
Dec

Launch Party for Lawyers for the Creative Economy

Lawyers for the Creative Economy (LCE) "a new, statewide initiative led by ArtServe Michigan to identify and engage attorneys who are willing to provide free or low-fee intellectual property advice and related support to artists, creative practitioners, businesses and non-profit organizations." LCE was developed by ArtServe Michigan with support from the Arts, Communications, Entertainment and Sports (ACES) section of the State Bar of Michigan, General Motors, major Michigan law firms and the National Endowment for the Arts, to name a few. There is a launch party this Wednesday, December 5th from 5:30-7:30 PM at Miller Canfield in Detroit. Press release: Miller Canfield and ArtServe Michigan cordially invites you to a complimentary reception and information session to launch a new statewide initiative, Lawyers for the Creative Economy (LCE). ArtServe Michigan, the leading statewide arts and cultural advocacy organization in Michigan, is recruiting attorneys from across the state including in Detroit, Grand Rapids and Ann Arbor. The LCE program will ensure valuable resources for understanding such legal areas as copyright, trademark, patent, licensing and contracts are available to all levels of the creative industry through knowledgeable legal professionals, workshops and online. Join us Wednesday, December 5, 2012 at the office of Miller Canfield, Detroit 150 W. Jefferson, 25th floor from 5:30 PM to 7:30 PM for more information. RSVP - http://bit.ly/LCE_DT This event is supported by Miller Canfield, The State Bar of Michigan's Arts, Communications, Entertainment and Sports section, and the National Endowment for the Arts. Where & When: Wednesday, December 5, 2012 Miller Canfield 150 West Jefferson Suite 2500 Detroit, Michigan 48226 5:30 PM to 7:30 PM Parking is in the 150 ...

20
Nov

Business Law & Order – Getting Funded

Video of the event last night is available on the Ann Arbor USA website here.

10
Nov

Business Law & Order – Getting Funded

I’m going to be presenting Don Baker’s “Developing a Capital Fundraising Plan” at Ann Arbor Spark on Monday, November 19 starting at 5:00 p.m. Here are the event details: What: Business Law & Order - Getting Funded - Techniques, Tips and Traps - With a Crowdfunding Update Where: Ann Arbor SPARK Central, 330 East Liberty, Lower Level, Ann Arbor MI 48104 Date: 11/19/2012 Time: 5:00 PM-7:00 PM Cost: FREE Also presenting are Gary Kendra of the Kendra Law Firm, and John Decker of Jaffe Raitt. More info can be found here.

10
Nov

Michigan arts initiative seeks IP talent

I'm on the advisory committee for ArtServe's new Lawyers for the Creative Economy (LCE). A couple of kick-off events are coming up to recruit lawyers interested in participating in the program. Here's the press release: Intellectual property attorneys are being sought for a new statewide arts initiative — and are being invited to a complimentary lunch to hear more about it. ArtServe Michigan’s Lawyers for the Creative Economy project is kicking off at a luncheon noon-2 p.m. Wednesday, Nov. 14 at the Grand Rapids Museum of Art. This new initiative “will identify and engage attorneys who are willing to provide free or low-fee intellectual property advice and related support to artists and creative practitioners.” The event is sponsored by the Arts, Communications, Entertainment and Sports Section of the State Bar of Michigan, Clark Hill PLC and the National Endowment for the Arts. Brian Wassom of Honigman Miller Schwartz and Cohn LLP will be the guest speaker. RSVP at the ArtServe website. If you can’t make it, a Detroit launch reception for the initiative takes place 5:30-7:30 p.m. Dec. 5 at Miller, Canfield, Paddock and Stone PLC’s downtown Detroit office. RSVP at lce@artservemichigan.org.

26
Jun

This Week: Detroit Startup Drinks and Social Media Day Detroit

There are a couple of events this week in Detroit you will want to check out: DETROIT STARTUP DRINKS. The next event for Detroit Startup Drinks is this Thursday, June 28, 2012, from 6–8pm at Mercury Bar in Corktown, Detroit. DSD is all about meeting like-minded technology folks, talking about what you're working on, and finding out what others are working on. "No Agenda. No Speakers. Just Community." More information is posted on the DSD Facebook Group. The group is open to anyone. SOCIAL MEDIA DAY DETROIT 2012. Social Media Day is an annual global event on Saturday, June 30th that gathers social media enthusiasts through local Social Media Day Meetups. The Detroit Meetup is this Saturday, June 30, 2012, from 11:00am-3pm at the Motor City Casino. Event details and registration can be found here.  

03
May

MIT Enterprise Forum and GLEQ are presenting a workshop and panel discussion on "Operational Growth and Capital Investment Planning for Entrepreneurs" on Tuesday, May 8, 2012. Leading the workshop and discussion is our very own Don Baker. About the program: For most startups and early stage technology companies, raising investment capital is the first and most daunting task.  Lack of adequate capitalization puts a great deal of strain on what is already the difficult task of launching a new product or service into the marketplace and building an operational business.   Particularly in bootstrapped start-ups, diversion of management resources to fundraising tasks usually lengthen time to market, which feeds back into a need for even more capital to support the launch.  In the process of increasing the investor “ask,” valuation and terms become more difficult, and investor skepticism about the business can become a self-fulfilling prophesy. Of course, certain aspects of the capital raising process are inescapable.  There is no substitute for the startup business to working very hard in presenting to investors, meetings, follow-ups, and mental (and business) management of rejection and delays in the investors’ decision making and the due diligence process. Much heartache can be reduced, and the entire process including these time-consuming parts, can be streamlined and accelerated by developing and following a “Capital Fundraising Plan” (CFP): (1) Forecast your capital needs and compare those needs to your plan for achieving operational success. (2) Correlate needs to business valuation so that you can build a credible case for the investment proposition being offered to investors. (3) Decide what KIND ...

18
Apr

Our very own Don Baker will be presenting "Paying Your Team Members with Equity: All About Stock Grants and Options" as a MIT Enterprise Forum Savvy Entrepreneur Series Lunch & Learn Webinar on April 24th from 12-1 p.m. Informative Webinars to help emerging technology companies and entrepreneurs understand how to leverage equity forms of compensation.  Many entrepreneurs need to on-board early team members and leaders with limited cash flow, so they consider how to best leverage equity forms of compensation.  There are important business, governance, legal, and tax perspectives to consider the best approaches for your specific situation.  Bring your situation and questions to this informative and interactive program to help educate yourself.   This Savvy Entrepreneur Series Webinar program is free with pre-registration.  The web and phone link will be shared with those that pre-register. Please email info@saffordbaker.com or call (248) 646-9100 x10 to make reservations.

29
Mar

I'll be presenting two programs to the newly-formed eCommerce Ann Arbor group on Monday, April 16, 2012 starting at 6:30 p.m., at Connor O'Neills in Ann Arbor. "eCommerce and State Sales Taxes: Understanding 'Amazon' Tax Laws" Cash-strapped states are looking at Internet sales as a potential new source of tax revenue. Online retailers should take notice. In the past three years, seven states have enacted so-called “Amazon” laws (named after online mega-retailer Amazon.com) in an attempt to force online retailers to collect and remit sales taxes for Internet sales in their states. Fifteen other states have had similar legislation introduced or currently pending. This presentation will focus on understanding what “Amazon” taxes laws are and the future of Internet sales taxes. AND "Email Marketing; Understanding the CAN-SPAM Act" In 2001, it was estimated that unsolicited commercial email, otherwise known as “spam”, accounted for approximately 7% of all email messages. Two years later, it was estimated that spam accounted for nearly half of all email messages. In response, congress passed the Controlling the Assault of Non-Solicited Pornography and Marketing Act of 2003, otherwise known as the CAN-SPAM Act, in an effort to regulate commercial email on a nationwide basis, stem misleading practices, and provide recipients withan opportunity to “opt-out” of additional messages from the same source. This presentation will focus on how to comply with the CAN-SPAM Act, common mistakes, and recent enforcement actions. RSVP here. I hope you can make it.  

28
Feb

Google Ventures Backs Duo Security

We are very proud to have represented Duo Security in their $5 million Series A round of financing led by Google Ventures and True Ventures on the West Coast, together with Ann Arbor's own Resonant Venture Partners. You can read about it here, here, and here. The official press release is here.

20
Feb

Business Law & Order: Funding 101

I'm going to be presenting Don Baker's "Developing a Capital Fundraising Plan" at Ann Arbor Spark tonight, Monday, February 20th at 5:00 p.m. Here are the event details: What: Business Law & Order: Funding 101 Where: Ann Arbor SPARK Central, 330 East Liberty, Lower Level, Ann Arbor MI 48104 Date: 2/20/2012 Time: 5:00 PM-7:00 PM Cost: FREE Also presenting are Bradley J. Wyatt from Dickinson Wright PLLC, Gary Kendra of Kendra Law Firm, and Jeffrey L. LaBine from Miller Canfield, presenting on Grant Funding, Securities Law Basics, and “How to Choose Your Investors Wisely”. Hope you can stop by.