Interplay

Today marks a significant milestone for Interplay as we proudly announce the closing of our third fund, securing $45M to focus on B2B marketplaces and vertical software. This third fund underscores our commitment to the prevailing trend in software - a substantial shift towards specialization. Reaching this point is a testament to the collective efforts of our exceptional team: Mark Peter Davis, Kevin W. Tung, Mike Rogers, Christian Mark, Caroline Elliott, Stacy Greco, Will Richardson and the rest of Interplay. A special thanks to Christine Hall at TechCrunch for covering our announcement and taking the time to delve into the Interplay journey. https://lnkd.in/eQY94tmk

Tired of getting ghosted by investors? You’re not alone—raising capital is a marathon though, and not a sprint. But what if you could flip the script and have investors chasing you? I’ve put together a 12-month roadmap that’s helped me raise $145M and secure 4 exits. It’s packed with the exact steps you need to land the right investors before you even need the funding. Drop a “gimme” in the comments and I’ll send it over (it's free) --- Subscribe to my newsletter (link under my bio) to get more fundraising freebies

I couldn't be more excited to unveil Knot's latest product: MassSwitcher™ With MassSwitcher, cardholders can instantly update their card details across 100 merchants in seconds, simply by logging in to their password manager or keychain. Knot's CardSwitcher™ made it 10x easier to add your card, but MassSwitcher is 10,000x easier. I couldn’t be prouder of the Knot team for bringing this to life! Mass consumer initiated connectivity is a game-changing capability that will be the backbone of many future Knot products. Check out the link in the comments, and if you’re a card issuer looking to supercharge revenue with just a few lines of code, reach out to your Knot contact to learn more!

Two critical legal documents will govern the relationship between your company and your users: Terms of Use (also known as Terms of Service) and a Privacy Policy. These documents serve as the foundation for how users engage with your platform and protect both your business and your customers in a variety of ways. #termsofservice #privacypolicies #startuplegal #venturecapital #TOS #PP #bowerylegal

“Beneficial Ownership Information” or “BOI” filing is a new mandatory filing needed to be made under the Corporate Transparency Act of 2021. The bad news is that it’s required by almost all US entities and the fines for non-compliance can be significant. The good news is that the filing is simple and can be completed in about 10 minutes. #BOI #LLCs #ChelseaCapital

Mark Peter Davis and Interplay Ecosystem's Thunder.vc's CEO Jason Kirby discuss fundraising. Is raising VC capital right for your company?

This week, Phuong Ireland and I dive into one of the most crucial yet often perplexing aspects of startup formation: cap table construction and equity distribution. If you're setting up a startup or restructuring your cap table, this conversation is a must-listen. We discuss the essentials of how to navigate structuring equity so that the cap table aligns with industry norms, aiming to attract investors while motivating founders and early employees. From understanding equity splits among co-founders to planning an option pool for future hires, we cover actionable insights that can help founders avoid common pitfalls. This is a tough topic for new entrepreneurs. Hopefully this episode can help folks build a balanced and adaptable ownership structure that supports growth and long-term success. https://lnkd.in/emWEer9B

Come join Ascend Interplay in NYC and be the trusted point of contact for our family office clients. We're looking for a proactive, empathetic, and organized leader with 5 years in client success or service, who thrives in a dynamic environment and loves solving challenges. *Hybrid work with office time required.*

Learn about 5 major debt types, their pros & cons, and use cases. Choose the best debt type to fuel your startup's business operations. #startupdebt #venturedebt #loc #sbaloans #factoring #startupaccounting #startupfunding

As your company matures, understanding fiduciary duties that you owe to the company/stockholders and how they impact board governance becomes crucial to the long-term success and legal protection of your company. These duties aren't just formalities—they are legal obligations that can carry serious consequences if violated. #bowerylegal #fiduciaryduties #boardgovernance #founderadvice #startuplaw #venturecapital #boardofdirectors