I am Mentoring at Regis Tech Accelerator Summer 2013

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    Regis Tech Accelerator to Launch Inaugural Summer Academy in June

I am Regis Class of XX. The Number One Jesuit high school in the nation, located on the Upper East Side of New York City.

This summer, the Regis Tech Accelerator (RTA), an alumni affinity group at Regis, will launch its inaugural 6-week Summer Academy from June 17 through August 1. The program will be hosted at Regis High School.

The RTA, founded this past winter, primarily functions as a forum for Regis alumni to discuss tech-facilitated entrepreneurship. The newly developed Summer Academy is designed to serve as an outlet for those entrepreneurs to cultivate their business concepts. This year, the Summer Academy will provide as many as 6 start-up companies rent-free access to office space, technology resources and mentors through designated classrooms at Regis. Participants will also host a “Demo Day” at the conclusion of the program.
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AngelList and Y Combinator Funders Club Approved to Crowdfund

“The Securities and Exchange Commission is making way for a number of startups and online investment platforms to enable startups to crowdsource investment. Early last week, Y Combinator-backed FundersClub received notice from the SEC that the agency would not pursue action against its crowdfunding platform. But it wasn’t alone: a few days later, AngelList received a similar letter from the SEC.”

Source TECHCRUNCH

The introduction of idiosyncratic crowd sourced funding platforms will give more startups access to qualified funding and also raise more interesting structure issues for startup attorneys.

Rocket Man or RocketMatter We Attorneys Are All Children and Love the Past and Abhor Disruption

RocketMatter is a successful online billing and contact management solution for small and medium law firms. It is well regarded in the legal community. It tweets and I am sure it found its way to SXSW.

I watched the fun video above this morning for the first time and then immediately returned to my paper copy of the NYTimes to reread this weekend’s “Imprisoned By Innovation” Op-Ed by Evgeny Morozov.

Morozow writes: “Smart technologies are not just disruptive; they can also preserve the status quo. Revolutionary in theory, they are often reactionary in practice.”

Those who know me already realize where this is going. Why do I need to integrate my Google calendar into my billing system? So I can charge somebody on a time elapsed basis for every single waking moment in my life? RocketMatter provides no gateways to knowledge, information, facts, law, or life.

Morozow writes about a London transport gamification app named “Chromaroma:, a transit smart card linked idea that awards points for checking in. Is it the breakthrough in transportation London has been looking for: ““Actually, the makeover London commuting has been waiting for is a more reliable service, with Tube lines that don’t close every weekend and trains that can hold more than 17 people.”

We legal veterans are still looking for disruption in the legal profession. It will not be obtained by slick billing and CRM applications, nor by Venture Capitalists handing out free legal forms to 24 year olds.

Average Salaries at NYC Startups JANUARY 2013

According to PandoDaily, the average salary for a dev across all the job postings is naturally higher than for other positions, at $93,000; for marketers it’s slightly less at $92,000 and designers are earning $88,000 on average. As for the NYC companies with the highest average salary: Stylecaster and Venmo boast an average salary of $176,000, so if you have any friends who work there, they better not even think about asking you to split the brunch bill. Rewind.me, Bonobos and Bookish dole out an average salary of $126k. Most jobs fall into the $80-90k range, with an average salary of $87,000: Fitocracy, Seatgeek and Skillshare all fall into this category.” Stats per AngelList

Salaries, Obamacare, 1099’s, burning cash and more