Executing a valuation cap SAFE: Why you should think about the employee equity pool
Editor’s note: The opinions expressed in this commentary are the author’s alone. Gabriel Riekhof is an attorney at Husch Blackwell, a leading law firm that provides unparalleled service and industry-specific solutions to clients nationwide. Earlier this year, I wrote about SAFEs (Simple Agreements for Future Equity), focusing on the importance of the defined term “Company Capitalization.”…
Read MoreYoung mom’s apparel for crawling babies wins best fit for UMKC Side Hustle Challenge
Riley Rhoads knows firsthand how overwhelming it is to shop for baby clothes, the University of Missouri-Kansas City student and new mother shared, so she created a product to help fellow moms. Hold Tight Baby — Rhoads’ venture that earned her first place at UMKC’s Side Hustle Challenge — makes pants for crawling babies. The…
Read MoreKC-crowned ‘King and Queen of BBQ’ return to the throne with new Prospect restaurant
Gary Paul and Patricia Moore have long been dubbed the “King and Queen of BBQ” by their loyal followers, they said. After several relocations for their P Moore & Moore BBQ brand over the past few years, the duo has landed a new kingdom at 5932 Prospect Ave. And they’ve now fully embraced their nicknames…
Read MoreInvestor market turns Midwest conservative: ‘Everyone here is feeling a changing landscape’
After years of soaring valuations across the startup scene, venture firms like M25 are observing a shift to more risk-averse investors and stricter examinations of even the most-exciting company’s worth, said Abhinaya Konduru. “We’re seeing a new normal,” said Konduru, a principal on the influential Chicago-based M25 team and a panelist at Thursday’s MidxMidwest event…
Read MorePower & Light: $10M in Live! Block upgrades planned before downtown’s Big 12 ‘opening day’
The Kansas City Live! Block in the Power & Light District — a place KCMO Councilman Crispen Rea calls the living room of Kansas City — is set for a $10 million upgrade, local business and civic leaders announced Thursday. Key updates also target the popular District nightclub Mosaic. “It’s become an engine that generates…
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