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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. Canoo began life as EVelozcity back in 2017.

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ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

As noted in part I of this series, agreements with Big Dumb Companies (BDCs) can be alluring and potentially fatal. In many cases, agreements crafted by BDC lawyers resemble ConTraps rather than mutually beneficial contracts. Relinquish Press Release Capabilities. Do Not Relinquish Press Release Capabilities.

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Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

Agreements with Big Dumb Companies (BDCs) are like DC Comic’s evil villainess, Poison Ivy. You will no doubt craft agreements with companies of similar or even smaller size to your own. Ever negotiate with lawyers at a huge company? The allure of a company-changing deal with a BDC is strong. Kiss of Death Provisions.

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Reflections On 2017: Anna Barber, Techstars LA

socalTECH

What was the big news for your company this year? Those three LA programs alone invested in a total of 38 companies this year. In 2018 I'm looking forward to seeing some great new startups emerge in LA in areas such as future of work, cleantech, and blockchain, and to investing in ten more great companies.

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ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

As noted in part I of this series, agreements with Big Dumb Companies (BDCs) can be alluring and potentially fatal. In many cases, agreements crafted by BDC lawyers resemble ConTraps rather than mutually beneficial contracts. Relinquish Press Release Capabilities. Do Not Relinquish Press Release Capabilities.

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ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

As noted in parts I and II of this series, agreements with Big Dumb Companies (BDCs) can be alluring and potentially fatal. This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Relinquish Press Release Capabilities. Deploy a Free Pilot.

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Understanding the Herd Mentality of VCs and How not to Let it Psyche You Out

Both Sides of the Table

It’s like the entire industry wants to outsource its brain to the smartest person they know and then follow that person. Founders read the tech press every day filled with stories about these $20 million fund-raisings by this firm and that firm and it sounds like everybody else is doing it except for you. Wait, make that $1 million.

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