Money, Money, Money! Money for startup – Money for expansion – Money for, well you get the picture. Michael Horten of HortenCC has DEEP experience in laying the foundation for entrepreneurs getting the financing they need at each stage of their venture. This interview is required listening for all business owners!
A native of Copenhagen, Denmark, Michael speaks (at varying levels of fluency) Danish, French, German, Norwegian and Swedish.
Mr. Horten’s experience covers a wide variety of corporate, commercial, technology and financial transactions, including domestic and international mergers, acquisitions, securities offerings, joint ventures and strategic alliances. While he has worked with very large customers in the past, most of his present clients are private companies, primarily emerging growth companies.
HortenCC employs a non-traditional practice model that is based on two key philosophical underpinnings: First, Mr. Horten founded the firm on the premise that top-rate legal services do not have to be bundled with the “marble” and “mahogany” environment that typically is associated with those services. The firm has no central offices, no paper files and it uses the latest technology to create efficiencies. As a result, the firm’s fees are considerably lower than those charged by firms of comparable ability and quality. Second, HortenCC bills its clients for the value delivered and not for the time spent by the attorney. The firm does not keep track of every “six minutes,” as is the norm in most law firms. The firm believes that its clients purchase its lawyers’ skill, not their time. The firm’s work is typically performed at a fixed fee — either a task-based fee or a monthly retainer. In some cases, the firm is also prepared to take all or a portion of its fee in equity.