A Conversation with Boris Feldman, Iconic Silicon Valley Securities Litigator
Boris Feldman is a partner at Wilson Sonsini Goodrich & Rosati in Palo Alto, California, where he specializes in securities litigation and counseling. Feldman has represented numerous companies— including Google, Netflix, Genentech, Facebook, Salesforce, Twitter, and Hewlett-Packard—and their officers in more than 200 lawsuits, including a dozen financial-restatement cases. Prior to Wilson Sonsini, Feldman, among […]
The Board’s Role in Avoiding Common Post-Financing Mistakes
Nearly one out of every two exchange-listed companies in the United States has a market capitalization lower than $300 million. For these micro-cap companies, frequent financings are a fact of life. Given how important financings are to these companies, their officers and directors must be focused on the relevant matters at hand from the beginning […]
A Conversation with Scott Kupor: Small-Cap Capital Formation
By Adam Epstein | NACD Directorship | May/June 2014 Scott Kupor is managing partner at Andreessen Horowitz, one of the most prominent venture capital firms in Silicon Valley. Prior to Andreessen Horowitz, Kupor was vice president and general manager of Softwareas-a-Service at Hewlett-Packard. Kupor joined HP in 2007 as part of its acquisition of Opsware, […]
A Big Reason Small-Caps Undertake Bad Financings: Board Composition
By James McRitchie | Corporate Governance | February 15, 2014 Guest Post: Adam J. Epstein is a NACD Board Leadership Fellow, the small-cap contributing editor to Directorship magazine, and advises small-cap boards through his firm, Third Creek Advisors. He is the author of The Perfect Corporate Board: A Handbook for Mastering the Unique Challenges of […]
Advice for Startups Dreaming Pre-IPO
By Karen E. Klein | Bloomberg BusinessWeek | October 22, 2013, 9:29 PM EDT If you are a Bloomberg subscriber, you may view the original post here. Question: What can CEOs who contemplate going public in the future do during the startup phase to prepare for an eventual IPO? Answer: An IPO may be “the closest […]
Audit Firm Selection: Think Like an Institutional Investor
There are a handful of firms that perform the vast majority of audit work for the Fortune 1000. For the 76 percent of U.S. public companies that have market capitalizations of less than $500 million, there are literally hundreds of audit firms from which to choose. With so many choices, how can the audit committees […]
Trading Volume: The Unsung Enterprise Risk of Small-Cap Companies
If location, location and location are the three things that matter most to retail stores, then volume, volume, and volume are the three things that matter most to many small-cap stocks. Why Trading Volume Matters Not only are the vast majority of U.S. public companies small—70 percent have market capitalizations of less than $500 million— […]
The Perfect Corporate Board Book Is Now Available
Note: Royalties from The Perfect Corporate Board book, a first-of-its-kind small-cap resource, are donated to Fisher House Foundation. DANVILLE, Calif.—Dec. 11, 2012—Third Creek Advisors, LLC (TCA) announced today that The Perfect Corporate Board: A Handbook for Mastering the Unique Challenges of Small-Cap Companies, written by TCA’s Founding Principal Adam J. Epstein, is now available. Published […]