MintzTech Connect: All Things Technology — December 2016
By Dan DeWolf and Samuel Effron
Dear Readers,
Our client, Benji Cohen, was running an Energy Markets Division at Macquarie when he had a lightbulb moment. Everywhere he looked valuation models were being put together in the most laborious way imaginable, with Excel tables containing hundreds of columns and thousands of rows. Benji saw a real point of pain in the marketplace and acted on it. Thus, in 2012, Benji created T-REX as a subscription-based, SaaS, FinTech platform that could compress the time for the valuation process to make the process 50 times faster and more accurate as well. And, the focus would be in a growing niche — the renewable energy sector. Benji was able to see the size of the opportunity, the point of pain in the marketplace, and the solution. With much hard work and great execution, T-REX is now a leader in this part of the FinTech space. In this edition of TechConnect, we highlight T-REX in our Innovator Profile.
Additionally, we talk about the progress of crowdfunding under Title III of the JOBS Act, which has now been fully effective for seven months, and the recent revisions to Rule 504 under Regulation D. We know that raising capital is incredibly important to emerging companies and we want to be a resource to our community on the various tools available for raising capital. Finally, we have included a terrific interview with one of the leading emerging companies’ lawyers in Israel. No doubt Israel has been, and will continue to be, one of the centers of the technology revolution.
Sincerely yours,
Dan + Sam