lessons from British Airways’ massive fine for GDPR breach

The UK’s data watchdog, the Information Commissioner’s Office announced earlier this month that it intends to fine British Airways £183.39 million following a cyberattack against its systems last year. The data breach involved user traffic from the British Airways website being diverted to a fraudulent site, where personal data and credit card information of around […]

convertible notes on the rise in NZ startup capital raising

Traditionally the vast majority of NZ startup investment deals have been structured as share (equity) investments.  NZ angel investor groups, the most active investors in the NZ startups, were wary of KISS notes and other convertible instruments, preferring the governance and control rights conferred by Series A type equity terms. But times are changing and […]