This article by Louis Lehot originally appeared on Law360 on April 14, 2025: A Look At M&A Trends In An Uncertain Deal EnvironmentIn the best of times, mergers and acquisitions are inherently complex. When uncertain global conditions such as financing hurdles, high inflation, unfavorable interest rates and geopolitical conflicts are added to the mix,
VC Liquidity Crunch: Navigating a Perfect Storm
The venture capital ecosystem is grappling with a liquidity challenge that’s testing even the most seasoned investors. With the IPO market significantly contracted and regulatory scrutiny of M&A deals increasing — particularly for tech acquisitions — VCs are under mounting pressure to return capital to limited partners (LPs).This environment has forced a recalibration of strategies. Firms are increasingly relying on…
How Are Board Rooms Being Impacted by U.S. Politics in 2025?
This article originally appeared on Westlaw Today on March 28, 2025: How Are Board Rooms Being Impacted by U.S. Politics in 2025?Louis Lehot and Patrick Daugherty of Foley & Lardner LLP discuss legal and regulatory changes at the state and federal level that will affect businesses in 2025.With a new presidential administration and changing federal- and…
Weathering the Storm: Key M&A Considerations for Foreign Investors Entering the U.S. Market
Cross-border merger and acquisition (M&A) activity in 2025 will be shaped by tumultuous economic, legal, and regulatory change. Driven by the new U.S. administration’s dramatic shift in policies and priorities, developments that once took months to unfold are now likely to impact the political and market conditions in a matter of weeks or even days.…
M&A Round Up and Headlines From Louis Lehot
Good Morning from Silicon Valley! As we kick of the week, I wanted to share how the intersection of tech, finance, and policy is constantly developing. Here’s a roundup of the latest headlines making waves: Let me know your thoughts!A Record Energy Pact for AICrusoe, the startup behind part of OpenAI’s Stargate project, has clinched…
New Opportunities and Challenges for Board Directors
Foley & Lardner LLP recently co-hosted a webinar with the National Association of Corporate Directors (NACD) to discuss how a new presidential administration and evolving state-driven regulations are effecting boardrooms. A summary of that discussion can be found below.Featured Speakers:– Christine Gorjanc, Board Director– Ed Burbach, Partner, Foley & Lardner LLP– Patrick Daugherty, Partner, Foley &…
AI Boom Sparks Investor Frenzy for Robotics Startups
In 2024, 34% of all U.S. venture funding — a staggering $61B — went to rounds of $500M+ for companies that are already well-established. Think Databricks, OpenAI, Waymo, and Epic Games, all of which collectively raised nearly $24B last year.And it’s not just the mega-rounds: 37% of all #startup funding went to companies 9+ years old,…
Is the Future of Digital Assets in the United States Bright Again?
This article originally appeared on Foley on January 27, 2025: Is the Future of Digital Assets in the United States Bright Again?Yes, indeed! What Brad Garlinghouse of Ripple Labs called “Gensler’s reign of terror” ended with Securities and Exchange Commission (SEC) Chair Gary Gensler’s resignation upon President Donald Trump’s inauguration. Paul Atkins, who has co-chaired…
Business & Legal Developments | January 2025
Looking back at 2024, it’s clear that the venture capital landscape has experienced a year of both significant transformation and cautious optimism. Throughout the year, recurring themes of technological innovation, strategic investment, and adaptive market behavior have defined the narrative for investors, founders, and other stakeholders in the startup ecosystem.Another theme for venture capitalists was…
Business & Legal Developments
Friends,In last month’s newsletter, we reviewed the landscape of artificial intelligence, mergers and acquisitions, and financing.This month, we are analyzing venture capital fund deployment pacing and how it impacts eventual returns.Investor interest in private markets has surged over the past decade, with venture capital emerging as a particularly attractive asset class for its potential to…