Miss. Considers $50 million Incentive for Biofuel Project

August 30th, 2010
Clean Tech/Green Energy

Comments: KiOR is different than many biofuels companies because it makes a petroleum replacement, not ethanol.  The product, which is currently produced at a demonstration plant in Texas, can be shipped in pipelines and treated in existing refineries to make gasoline or diesel equivalents.

KiOR uses a priority catalyst in a fluid catalytic cracking process to convert woodchips, agricultural residue or other biomass into a petroleum substitute.   This process creates gasses that can be burned to make electricity to power the equipment. The company, which is backed by Khosla Ventures, raised $110 million to scale up its operation. Read article.

 
Editor:

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Easy To Do, Frequently Missed: Limiting Your Liability for Online Content

It is a fact of life that companies frequently write their own terms of use and privacy policies rather than using an attorney.  Time and money are always short, and these things would seem easy to do.  After all, plenty of websites have examples that other lawyers have pored over.  Why not just adapt that work?  Here’s one thing you may miss. 

Many website terms of use have a reference to what happens when your site ends up displaying someone else’s copyrighted work.  The terms of use have a section that gives a name, address and contact information where notices of

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The “Series A” Dilemma

August 30th, 2010
Venture Capital

The “Series A” Dilemma

The line is growing of entrepreneurial companies seeking Series A funding in the range of $1-2 million.  In the course of my three decades of representing tech companies, I can’t remember so many entrepreneurs looking for Series A money at the same time.

This is a good news/bad news story.  The good news is there are dozens of entrepreneurs starting companies and bootstrapping them with their own money and cash from friends and family.  A significant number of these new entrepreneurs are first-timers — and many of them are bouncing back from a recent lay-off or consulting role. 

The

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Yates Perspective – Vol. I

August 26th, 2010
MMM Tech Perspectives

The goal of the MMM Tech Law & Business Report is to inform, educate and socialize important business and legal issues directly relevant to our target audience — entrepreneurs, investors and strategic partners.

For over three decades the MMM Corporate Technology Group has delivered value added legal services and information to hundreds of clients in our tech ecosystem. www.www.mmmtechlaw.com now organizes, summarizes and provides practical pointers relating to legal and business issues impacting entrepreneurs and growing technology and business services companies.

In my column, Yates Perspectives, I’ll give my thoughts on current issues of direct relevance to entrepreneurs. This Report also includes

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How the US Supreme Court Case of Bilski v. Kappos Impacts VCs & Investors

August 25th, 2010
Patents/IP

Editor: John R. Harris

The dust is still settling after the U.S. Supreme Court’s Bilski v. Kappos decision about the patentability of processes (business method and otherwise) on June 28, 2010.  Scholars and experts in other parts of the world seem to agree that the recent decision about the patentability of processes is, for the most part, “business as usual” here in the U.S.  Europe in particular has long been hostile to the patentability of computer software and business methods.

According to one European legal scholar’s observation, the “machine-or-transformation” test discussed in that case is either: “(i) woefully imprecise and ill-equipped for determining

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