The Talent Flight to Quality
How the Pandemic is Changing the Way Talent Moves
Mark Lonergan, October 20th, 2020
The last six months has been unprecedented in the Silicon Valley. When COVID hit our region back in February, there was a simultaneous selloff in public markets – and an unprecedented slowdown in the rate of early-stage venture investing. Very quietly, hundreds of venture-backed companies in our region shut their doors, including: Zume,
The Way To Go IPO
Upsurge in Dual Class Stock Ownership in the LSV150
Mark Lonergan, September 19th, 2020
With the September 2020 IPO of San Mateo based Snowflake, the Bay Area boasts yet another example of dual class stock ownership (DCSO), an increasingly popular stock strategy among Silicon Valley tech IPOS.
A DCSO public company has two types of shares: one held
Change Coming to Technology Public Company Boards
Mark Lonergan, July 22nd, 2020
Public Boards of Directors are not exempt from the sweeping business changes necessitated by the COVID pandemic. In the Silicon Valley, we are seeing tools such as working from home, streamlining management teams, company downsizing and even M&A being used to deal with a very different economy. But even in the boardroom there are
Dual Class Stock Structure Companies in the LSV150
2020 Rankings
Susan Lonergan, July 1st, 2020
The table below lists the 29 Lonergan SV150 companies whose most recent proxies indicate a multi-class stock ownership structure. Companies with these structures create a super-voting class of shares which is not publicly traded and typically has ten times the voting rights of the shares available to general
Resuming the Climb – CEO Leadership in a post COVID World.
Silicon Valley's New Leadership Moment
Mark Lonergan, April 27th, 2020
Some of us are not the right leaders for this moment.
It is now clear that Silicon Valley's venture-backed companies are facing a new post-COVID world, one where revenue growth and innovation are in real jeopardy. Most of these companies are headed by Founder/CEOs. Investors, clients, and employees alike are all looking to the