GroundUp Bookmarks

TheFunded.com and the Founder Institute founder Adeo Ressi tells us that the Convertible Equity vehicle provides a fast, cheap and flexible way for angel investors to invest money in a startup, that converts to equity at the time of a future round. The point, he says, is to avoid time-consuming valuation negotiations and allowing a variable amount of capital to be raised.

Basically, Convertible Equity removes the repayment at maturity and interest provisions of Convertible Debt. Additionally, Convertible Equity is “equity” that may have a lower capital gains tax benefit for investors, since it is likely classified as “qualified small business stock”.

Retail and services: At least 50% of a building’s frontage on a public plaza must be occupied by retail or service establishments allowed under the applicable underlying zoning district. These uses may include neighborhood retail uses such as restaurants, supermarkets and clothing stores. Certain uses that are incompatible with the goal of providing active, enlivening establishments adjacent to the public plaza are prohibited, including offices, wholesale establishments, automobile servicing and showrooms, public parking garages and lots, certain manufacturing establishments, banks, and plumbing, heating, and ventilating equipment showrooms. To ensure that valuable retail spaces are provided, each such establishment is required to be at least 15 feet in depth.

Public Access Requirements In all districts, residential, commercial and community facility developments on waterfront zoning lots (except for residential uses in low-density residence districts, heavy commercial and industrial uses in Use Groups 16, 17 and 18, and certain city infrastructure facilities, such as airports) are required to provide and maintain public open space at the water’s edge with pedestrian links to upland communities. Public access is also mandated on piers, platforms and floating structures. Water-dependent uses, such as docks for ferries and marinas, are also required to provide waterfront public access areas but are subject to a more flexible standard.

Every startup looking to re-imagine broken industries, whether it's housing or health care, has one thing in common: well-designed experiences.

Millennials are everything we claim they are: egotistical and altruistic, debt-ridden and money-savvy, entitled and undeniably driven.

Millennials are the personification of a larger macro shift relevant to all of us: impatience with the irrelevant, intolerance for the unwieldy, and a proclivity towards circumvention.

finessing her resume and portfolio, scouring the Web for job openings, networking at full-throttle. She even printed her own business cards.

letter of recommendation

assemble their portfolio and resume immediately. The longer one waits, the more difficult the task becomes. “Do it the minute you get laid off