David Shapiro

One of the most important deals of my 26 year career investing in and advising on domains, for many reasons, primary being the buyer understood the importance of the asset from day one at the highest level Hilco Digital Assets #domains #domainnames 🚀

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When regulators provide direct access to data, financial instutions are best able to meet their obligations under the 2014 FinCEN guidance "BSA Expectations Regarding Marijuana-Related Businesses”. Slightly reformatted: " In assessing the risk of providing services to a marijuana-related business, a financial institution should conduct customer due diligence that includes: (i) verifying with the appropriate state authorities whether the business is duly licensed and registered; (ii) reviewing the license application (and related documentation) submitted by the business for obtaining a state license to operate its marijuana-related business; (iii) requesting from state licensing and enforcement authorities available information about the business and related parties; (iv) developing an understanding of the normal and expected activity for the business, including the types of products to be sold and the type of customers to be served (e.g., medical versus recreational customers); (v) ongoing monitoring of publicly available sources for adverse information about the business and related parties; (vi) ongoing monitoring for suspicious activity, including for any of the red flags described in this guidance; and (vii) refreshing information obtained as part of customer due diligence on a periodic basis and commensurate with the risk. With respect to information regarding state licensure obtained in connection with such customer due diligence, a financial institution may reasonably rely on the accuracy of information provided by state licensing authorities, where states make such information available. " Cannabis-friendly banks and credit unions in Massachusetts are lucky to have access to data that hits most of seven priorities, notably number three (develop an understanding of the products sold). Financial institutions in other states and territories aren’t necessarily as lucky. Bare minimum should be a list of licensed businesses that FIs can check at onboarding and on a period basis, but this is my wish list: 1. Maintain and share up to date license status information, ideally with the ability to download rosters (most offer this but there are exceptions, like those in Arizona and caregiver storefront licenses in Maine) 2. Share sales statistics, not just at the high level of “$X medical sales this quarter” but with a breakdown of products by type and sales by weight/volume as well as price (Ohio’s medical reports were great) 3. Provide information about enforcement actions taken against licensees (Colorado makes this relatively easy to find, Michigan offers a lot but if you’re not subscribed to their emails you’ll likely miss them) 4. Make recall information readily available (California does a great job at this, but again - subscribe to their emails) 5. Post info about provisional licenses so that FIs can start to work with CRBs before they open (Massachusetts does this) Compliance officers - thoughts? #cannabis #marijuana [edit: typo]

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🤖 Canva’s betting big on AI with a major price hike for Teams subscriptions. As they prepare for a potential IPO, the company is aiming for the enterprise market—but at what cost to their core small business users? Read more on Subscription Insider. 👉 https://lttr.ai/AW1uG #subscriptionmodel #subscriptioneconomy #subscriptionbusiness #subscription #subscriptioninsider #saas #subscriptionservice #news

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🚀Affiliate Marketing: Easy Money or Smart Money? Affiliate marketing isn’t passive income or easy money—it’s a strategic powerhouse. Aff.Tech empowers businesses with real-time data updates, advanced redirect rules, and flexible commission plans to drive smarter decisions. 💡Data is the driving force behind every great strategy and Aff.Tech ensures you optimize costs, save time, and boost profitability with ease 👉 Unlock your path to success with Aff.Tech!

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More origination efficiency and automation of borrower service coming to the localized homebuilding world:

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SBA 7a Loans for Business Startups: Better Options? https://lnkd.in/gW7kNYas Securing funding for a startup can be challenging. The SBA 7(a) loan for startups provides entrepreneurs with a financing option for their capital needs. This article examines the key aspects of SBA 7(a) loans, including requirements, interest rates, and terms. Entrepreneurs can explore this valuable financing option for their business venture. Key Takeaways of SBA 7a Loan For Startups - SBA 7(a) loans offer up to $5 million in funding for startups and small businesses. - Interest rates are usually 1% to 1.75% above the Wall Street Journal Prime rate. - Loan terms range from 7 to 25 years, depending on the use of funds. - The application process typically takes 60 to 90 days from start to finish. - Businesses must be for-profit, U.S.-based, and meet SBA size standards to qualify. Fuel Your Business Growth with the SBA 7(a) Loan Program: Flexible Funding for Small Businesses! The SBA 7(a) Loan Program is a versatile financing solution designed to meet the diverse needs of small business owners. Whether you need working capital, funds for expansion, or resources to refinance debt, this program provides the support to help your business thrive. The SBA 7(a) Loan is tailored to empower small business owners with the flexibility and funding needed to achieve your goals. Schedule Your SBA 7(a) Loan Consultation Now https://lnkd.in/e8duBvFy #SBA7a #SBA #SBALoan #SBALoans #BusinessLoans #Financing #Lending #WorkingCapital #Credit #Funding #SmallBusiness #SmallBusinesses

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#TheCryptoRundown 250: "Skew Madness and the Mysteries of $SUI" with Amberdata and Bill Ulivieri from Cenacle Capital Management, LLC is now available. Stream from your favorite #podcast platform or listen at https://lnkd.in/eYaSjZEr #bitcoin #ethereum #solana $MARA

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💵 Funding News: 🗓️ News Month: October, 2024 Revolutionizing Home Services: Zephyr Secures $60M Growth Capital! 💡 Zephyr, a NYC-based tech-enabled home services platform, raised $60M in growth capital, bringing its total funding to $100M. 🚀 Key Highlights: 🔹Led by: Elda River Capital & The Pritzker Organization. 🔸New Board Members: Representatives from Elda River, TPO, and Michael Morgan (observer). 🔹Focus: Expanding business acquisitions and innovating their technology platform. About Zephyr: Under the leadership of CEO Shawn Weidmann, Zephyr: ✅ Acquires local home service providers. ✅ Integrates them into a cutting-edge tech & productivity platform. ✅ Drives growth with centralized support for recruiting, training, marketing, and more. Achievements: 📍 Closed 12 acquisitions in key geographies: Washington, DC, Houston, South Florida, and Denver. 📈 Uniting local expertise with modern tech to transform the home services industry. The future of home services is here—powered by innovation and growth! 💼🔧 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs ♻️ Repost if you think this insight is worth sharing!

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Tired of juggling affiliate programs without seeing results? Meet Aff.tech – high-performance affiliate platform that puts you in control. Aff.tech delivers real-time data and precision tools that push affiliate marketing to a whole new level. Decide faster, grow smarter, and own the affiliate game. 👥 Catch the Aff.tech team at SiGMA World Malta to see what high-performance affiliate marketing looks like. 📍 Booth 2163 #AffiliateMarketing #iGaming #AffiliatePlatform

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Good times are on the way for PropTech. As interest rates come back down and changes settle in for the real estate industry, productivity software that produces actual savings of time and money will be in hot demand.

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Unlock Business Growth with SBA 7(a) Loans! Access up to $5M with flexible terms and competitive rates. Perfect for startups, expansions, and more! #financialfreedom #smartborrowing #fastcash #easymoney #budgetfriendly #loanadvice #creditboost #businessfinance #businesscredit #business #credit #finances #trending #viral #explorepage #instagood #follow #like #instadaily #FollowMe #likes #fyp #foryoupage

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Unlock Business Growth with SBA 7(a) Loans! Access up to $5M with flexible terms and competitive rates. Perfect for startups, expansions, and more! #financialfreedom #smartborrowing #fastcash #easymoney #budgetfriendly #loanadvice #creditboost #businessfinance #businesscredit #business #credit #finances #trending #viral #explorepage #instagood #follow #like #instadaily #FollowMe #likes #fyp #foryoupage

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More content on the Boston tax shift proposal, the politics around its status in the legislature, and why David DeCoste (Rep from Norwell, MA) is being a good man (if not necessarily a tactically “good” politician 😅) in standing up for commonsense positions under immense backroom pressure. Keep it up Dave, and if you’re not paged in yet, here’s some more, hopefully interesting, background. H5099, the bill that would authorize Mayor Wu’s proposal to shift more of Boston’s taxes onto the struggling commercial property sector, instead of reducing some of the +8% budget increase, is still being debated by the legislature. Chris Lehman has an extended analysis of the problems with that proposal here: https://lnkd.in/ebygRSKF But there are new developments as of this week. Because the legislature is out of its regular session, which ended during the summer, standards for passing bills are higher as long as there isn’t a quorum of legislators. This means that, in lightly attended votes, a single dissenter can prevent a bill from passing. On both Thursday and Friday, as discussed in the quoted article [https://lnkd.in/e4vwFwbx], Rep Dave DeCoste blocked the bill, citing many of the same reasons we discuss in our article. This has drawn the ire of some progressives, but it’s won him praise from members of the business community, from Boston residents, and, most interestingly, from other legislators who also oppose the bill but who have been quiet about it because they fear political retribution. At least one high-ranking Boston representative is reported to have threatened opponents of the bill with electoral challenges, which makes DeCoste’s principled stand against the bill all the more important. Additionally, while several “business groups” have some out in support of this bill, many others are opposed to it, and one has to wonder if there’s a different set of backroom discussions going on that would cause the Greater Boston Chamber of Commerce to back such a bill “on behalf of their members”. Most of their members that I’ve spoken to are pretty surprised to hear that, unbeknownst to them, they are apparently in support of this massive set of tax hikes on Boston businesses. For anyone contributing to Boston Chamber of Commerce and surprised by this, you might consider diverting some of your contributions to Massachusetts Fiscal Alliance. I have. Maybe to the most important part of all this, if you want Massachusetts to have a legislature where people can vote their conscience without fearing retribution, I’d recommend you consider calling your legislators and letting them know that you oppose this bill, or perhaps even that you support it, but definitely that you aren’t a fan of the underhanded tactics being used to try to shuttle it through. Find your reps here. They rarely hear from anyone, so reaching out may actually make a difference. ​​https://lnkd.in/e7BejpSB

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Highlighting the evolving landscape, I note that crowdfunding is no longer just for startups but also a viable option for mature companies looking to provide liquidity or clean up their cap tables. Read more 👉 https://lttr.ai/ATssv #MasteringEquityCrowdfunding #Crowdfunding #Equitycrowdfunding #Marketing #SocialMedia #Community #AttractInvestorsDrawing #SettingRealisticValuations #AdaptingCareerPaths #LeveragingPersonalStrengths #crowdfunding #equitycrowdfunding

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