Throughout our series of blogs and guides, we have talked about tax efficient investing and ways to offset taxable income. With various options available,...

Singapore seems to be gearing up for a major Blockchain event. World Blockchain Summit's Singapore edition is expected to be a gathering of...

Aigo is a solitary, versatile individual assistant that handles planning, informing, shopping, entertainment, music, and home automation while learning and overseeing new personal...

Swayam is a learning platform from the government of India's Ministry of Human Resource Development. It's offering a free computer science course for...

Donations crowdfunding has become one of the most viable ways to garner financial support for really any venture. Naturally, the ventures which sound...

May 31, 2019 11 min read Opinions expressed by Entrepreneur contributors are their own. Is one of your main goals for your life to start your...

(Bloomberg) --A Taiwanese startup led by a former Google employee intends to employ the same technology that underpins Bitcoin and Ethereum to shake...

Reading Time: 8 minutes What follows is a brief summary of where the blockchain industry has come from over the past 10...

Cal Poly Pomona! What’s up!?! I’m so grateful to be up here addressing you today. Today you’re either here to graduate or support...

A “venture fad” is an investment field that explodes to wild popularity and later fades to obscurity, like Nanotech in the last decade....

While I personally was unable to attend the annual Freightwaves Transparency19 conference this year I did watch a lot of the clips and I was fascinated by the shear volume of "Freight-tech"(I will abbreviate FT) companies coming out of the woodwork to help shippers ship product.  We are in the "golden age" of FT launches, venture capital money and potentially IPOs.

Or, as the title stated, has Uber and Lyft killed the dream?  More on that later but first, let's remind ourselves "how business works".

An entrepreneur comes up with a great idea and tries to get it to scale with a series of private fundings.  Venture capitalists get in early, generally get seats on the board and hope for an eventual big pay day when the company is either sold or goes public.  The company is built to scale (meaning it is generating cash - hopefully - or has a path to be cash flow positive.  Then, the early owners need to take money out of the company for a variety of reasons by going public or selling. Here are the reasons they may want to extract money:

1. Family wealth planning - they generally have a lot of their wealth in the company and they need some back.  
2. Pay Employees - Many early stage company employees are paid with options and they eventually want and need that money.  This is a warning to many employees who get in too late in the game.  If your options are valued right before the IPO then a lot of the time you are under water when it goes public (as are many Uber and Lyft employees).
3. All the juice is squeezed and the VC people want out. - Venture capitalists do not hold companies and eventually they want their money back.  Once they believe they have "squeezed all the juice out of they idea they will want to exit. 

ConsenSys has announced plans for a major reconstruction exercise at the company, including reworking its operations as a long-serving executive Kavita Gupta leaves her role. The New York-based blockchain startup is looking at a way to maximize its presence within the market and could do with a $200 million investment shot announced earlier. ConsenSys announced […]

Source link: ConsenSys’ Exec Gupta Exits Role As Firm Announces Major Restructuring Operation