SVB Fallout: VC & Tech Startup Founders at Risk, Presented by JOTO PR Disruptors
Technology companies, particularly marketplaces and digital platforms, are unique in that they can mitigate their risk and liability to nearly zero… but VC focus on 'growth-at-all-costs' has left those very same VC portfolio companies vulnerable to unnecessary and easily mitigated risks and liabilities. Jeremy Gottschalk, Founder & CEO of Marketplace Risk, and fractional General Counsel to many innovative and disruptive platforms, has successfully protected some of the riskiest marketplace businesses from platform liability litigation for nearly 15 years, with zero successful lawsuits against any of his clients. During this one-of-a-kind webinar, Jeremy will impart to VCs, as well as platform founders and leaders, how to protect themselves, their communities and their investments with unsexy but vital aspects of risk management.
TAMPA, Fla., April 10, 2023 /PRNewswire-PRWeb/ -- The debacle of Silicon Valley Bank has sent a blast wave throughout the tech industry, causing many to scrutinize the practices that drove its former success. Jeremy Gottschalk, Founder & CEO of Marketplace Risk, and fractional General Counsel to many marketplaces and digital platforms, whose thought leadership in risk management, trust and safety and legal strategy, identifies that the Silicon Valley Bank fallout is illustrative of other ills in the tech industry by venture capital (VC) funded startups, where there is a huge emphasis on growth and zero emphasis on risk management that could impact growth. JoTo PR Disruptors is presenting a free webinar masterclass on Thursday, April 27, 2023, 12:00 PM EST, SVB Fallout: VC & Tech Startup Founders at Risk, that provides an opportunity to glean insight from Gottschalk into risk management, trust and safety, compliance & regulatory and legal strategy for marketplaces and digital platforms.
"Every business has risk. Identifying and mitigating risk determines success vs failure especially for innovative and disruptive marketplaces and digital platforms. But you don't have to go it alone—there are resources available", cautions Jeremy Gottschalk.
Vinod Khosla, co-founder of Sun Microsystems and a serial entrepreneur, pointed out in a controversial TechCrunch interview that a "majority of startup board members aren't in a position to offer decent advice to startups; more than 95 percent of VCs add zero value. I would bet that 70-80 percent add negative value to a startup in their advising." (1)
Does this ruffle feathers? Yes.
Gottschalk supports a different mindset.
For many of Jeremy's platform clients, including the first childcare platform Sittercity, Jeremy regularly walks VC investors and board members through the process of 1) structuring risk management and insurance programs, 2) developing trust and safety policies and programs and 3) developing solid legal positioning for the platforms.
With that methodology, and the support of their VCs, Jeremy's clients have been able to successfully navigate lawsuits, and threats of lawsuits, while stopping knee-jerk reactions to often scary scenarios. The outcome: the savings of 100's of millions of dollars over more than a decade, with no successful lawsuit to date; while also protecting his clients' reputations in the court of public opinion.
As a result of his success, insurance and industry leaders have called on Gottschalk to advise on their clients and portfolio companies, leading to the development of two successful conferences, including one hosted at Lloyd's in London.
"Premiums for marketplaces and digital platforms can start in the 10s of thousands but easily jump into the millions per year if proper risk management and legal strategies are not deployed early and maintained," said Gottschalk.
Register Online http://bit.ly/3UimlJK
Thursday, April 27, 2023, 12:00 PM EST (US and Canada)
In this webinar, Jeremy will cover how VCs can drive better leadership for their portfolio companies while protecting the portfolio companies, resulting in better and more valuable investments:
1. Portfolio companies that drive leadership – where it's good and where it's bad.
2. Advice on risk mitigation and legal strategy to make it more positive.
3. Opportunity to create better leaders and protect VC investments.
4. And 5 things VCs and platform leaders can do TODAY that will make a difference in their risk management posture.
Following the Webinar, there will be a rare AMA session (Ask Me Anything) where Jeremy will answer any question about risk management, trust and safety, legal strategy and more.
Why attend this event? Attendees learn strategies and tactics tested through real-world applications from peer leaders; each one a trusted subject matter expert.
As an Anti-PR® Agency, JoTo PR Disruptors employ the best practices to succeed in business today. Most PR agencies only provide fluffy visibility, which doesn't account for much that contributes to a successful business.
Goal: Actionable steps you can use to accelerate your growth, which is what JOTO PR Disruptors is all about. We want to help you with usable data that can benefit you professionally and financially.
Register Online http://bit.ly/3UimlJK
Thursday, April 27, 2023, 12:00 PM EST (US and Canada)
About Jeremy Gottschalk:
Jeremy Gottschalk, founder and CEO of Marketplace Risk, is an expert in risk management and legal strategy for marketplaces and digital platforms. With nearly 20 years of experience as a lawyer, operator and consultant to venture capitalists, insurance companies, founders and operators, he has become an industry-leading voice for legal strategy and risk management. Jeremy founded Marketplace Risk as an industry education, networking and knowledge-sharing platform for the marketplace and digital platform ecosystem, and regularly consults in this industry. He also serves as General Counsel to many platforms, including Sittercity, a company motivated to reimagine the in-home childcare industry with a problem-solving team of parents and experienced childcare providers. Jeremy holds a JD from Loyola and an MBA from Kellogg.
About Marketplace Risk:
Marketplace Risk is the only platform focused on connecting and supporting marketplace and digital platform founders, leaders, and experts as they navigate risk management, trust & safety, compliance & regulatory and legal strategy. Each year the industry convenes at the Marketplace Risk Management Conference (SF, May 16-18) - the first and only conference focused on risk management, trust & safety, compliance & regulatory and legal strategy for marketplaces and digital platforms. For more information visit http://www.marketplacerisk.com
About JOTO PR Disruptors™:
After doing marketing research on a cross-section majority of 5,000 CEOs of fast-growth tech companies and finding out exactly how they used PR, how they measure it and how they wanted the PR industry to be different, Crisis Management veteran and innovator Karla Jo Helms created JoTo PR and established its entire business model on those research findings. Astute in recognizing industry changes since its launch, JoTo PR's team utilizes newly established patterns to create timely Anti-PR® campaigns comprising the mathematical precision of crisis management techniques with the latest media algorithms. This unique skill enables them to continue to increase the market share and improve return on investment (ROI) for their clients, year after year—beating usual industry standards.
Based in Tampa Bay, Florida, JoTo PR is an established international public relations agency. Today, all processes of JoTo are streamlined Anti-PR services that have become the hallmark of the JoTo PR name. For more information, visit JoTo PR online at http://www.jotopr.com
About Karla Jo Helms:
Karla Jo Helms is the Chief Evangelist and Anti-PR Strategist for JOTO PR Disruptors.
Karla Jo learned firsthand how unforgiving business can be when millions of dollars are on the line—and how the control of public opinion often determines whether one company is happily chosen, or another is brutally rejected.
Being an alumni of crisis management, Karla Jo has worked with litigation attorneys, private investigators and the media to help restore companies of goodwill back into the good graces of public opinion. Helms speaks globally on public relations, how the PR industry itself has lost its way and how, in the right hands, corporations can harness the power of Anti-PR to drive markets and impact market perception.
Sources:
1. Cutler, Kim-Mai. "Vinod Khosla: 70-80% of VCs Add Negative Value to Startups", Tech Crunch, 11 September 2013, techcrunch.com/2013/09/11/vinod-khosla/.
2. Mascarenhas, Natasha. "Vinod Khosla's Advice for Top VCs? Don't Sit on your Founders' Boards", Tech Crunch, 06 March 2023, techcrunch.com/2023/03/06/vinod-khoslas-advice-for-top-vcs-dont-sit-on-your-founders-boards/#:~:text=Serial%20entrepreneur%20and%20seasoned%20investor,about%20the%20culture%20of%20capital.
Media Contact
Karla Jo Helms, JOTO PR™, 727-777-4619, [email protected]
SOURCE JOTO PR™
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