Abe Kwon
@abekwon
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Startup & VC Lawyer at @LowensteinLLP, Founder of @12plusphilly, Angel Investor
Philadelphia & NYC
Joined November 2010
I have some exciting news to share. I have joined @LowensteinLLP as a partner in the #ECVC group. I'm absolutely thrilled to be joining such a well-known and respected platform particularly in the early-stage ecosystem! https://t.co/y7EktSraf2
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Something is happening in pre-seed / seed that I think needs to be amplified more. The gap between pre-seed and seed is getting large. More >>
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Helpful insight from @cartainc's @PeterJ_Walker on summer fundraising. Conventional wisdom is that summer is toughest so this is eye-opening. Just remember this reflects when deals close. Term sheets are typically issued 4-6 weeks prior to closing! @LowensteinLLP #startup #VC
Founders - you can raise VC rounds in the summer. Across most years, the worst month for signed venture deals is actually January. July isn't so great either - but June and August are usually pretty decent! Deals are not always begun and signed in the same month, obviously
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Find out the ways #GenAI is impacting how #IP applies to your next big idea: https://t.co/qxAbOzSaLL
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The Philly company that makes autonomous farm robots, .@burro_ai, just raised a $24M Series B https://t.co/7P5dkmkbxF
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Do you think about the age of a founder when investing? If yes, why?
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Two ways for an AI company to protect itself from competition: (a) depend not just on AI but also deep domain knowledge about a particular field, (b) have a very close relationship with the end users.
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Ben Franklin completes first close of its expected $100M venture fund for Pennsylvania innovation. Read the full press release here https://t.co/VcQhSFRWck
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Startup seed to A graduation rate has dropped from 35.3% to 17.6% 🤯 The leading graduation rate is now in fintech at 22.6%. The market is tough but just keep building! The best startups are made in these times.
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We're number one 🎉 Philadelphia has been named the best city to visit in the United States next year by Lonely Planet travel guide.
inquirer.com
Philadelphia was named one of the best U.S. cities to travel to in 2024 by travel guide publisher, Lonely Planet.
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Check our thoughts on the new #CA law, requiring #VC firms to disclose #founder diversity information. Law will apply to a majority of #VC investment firms, even if they are not based in CA. @goodwinlaw #goodwinlaw
goodwinlaw.com
Stay informed with the latest articles, reports, and studies across various practice areas.
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NY Tech Week is TOMORROW!🗽 🎉 There are over 50+ AI events at NY Tech Week 🤯 (here’s my shortlist): 🧵 7 AI events at NY Tech Week:
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As generative artificial intelligence continues to develop and support human needs, the concept of authorship becomes more complex. Can #AI-generated material by copyrighted? Goodwin's Ashleigh Nickerson and Martin Gomez explain more.
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Tickets are NOW AVAILABLE for #InnovationWeekendPHL! Join us on Nov 10-11 for an opportunity to connect with experts, bringing groundbreaking ideas and transformative projects to life. Early bird pricing closes Oct 1, so grab your #IWphl2023 tickets today! https://t.co/owcREm0cqk
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I told me now 3 year old toddler to clean up a mess. She responds with - “Oh don’t worry daddy, when I go to sleep, it will become clean by itself!” 🤦🏻♂️🤦🏻♂️🤦🏻♂️
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To better understand the VC ecosystem, you need to understand Capital Calls. A capital call is how a fund manager (”general partner” or “GP”) collects money from their investors (“limited partners” or “LPs”) when the fund is ready to invest. Here's why they're so important:
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New #technology comes with new privacy challenges. Learn how to stay ahead. #AI
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Apps are now open for the @comcast NBCUniversal LIFT Labs Accelerator: Enterprise AI! 🚀 We're looking to partner with #startups utilizing artificial intelligence to drive innovation within Software Development, Cyber Security, and more. Apply today! ➡️ https://t.co/BPJLtCCMdf
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