The law firm Stubbs Alderton & Markiles is a well-known veteran of the Southern California startup community, having provided services for early stage companies for many years now.
They recently opened an office in the heart of Silicon Beach, on the Third Street Promenade in Santa Monica. Specifically getting some press is their formal announcement of a “precelerator” program within the new office space. As you can see in the video below, the Santa Monica office is in a spectacular location overlooking the Promenade, and it will likely inspire confidence and professionalism in any startup team calling it home base.
Essentially, Stubbs Alderton & Markiles finds itself as one of the first relationships a young company forms, because it provides services like business entity formation, and is willing to help its clients enjoy a smoother transition from the formation stage to the seed funding or accelerator entry stage. Within the program, startups enjoy a professional workspace, plus access to the firm’s legal services and investor contacts.
I sat down with founding partner Scott Alderton to learn more about the program and the impetus behind it.
We take a very long tail view about what we’re doing and, obviously, we have a specific interest in cultivating good clients… but we feel that anything that’s good for the startup community, both in Silicon Beach and in Los Angeles in general, is good for us.
There aren’t “classes” with start and end dates, as Stubbs Alderton believes the life cycle of the precelerator relationship is fairly obvious, and companies will either graduate out when they reach a certain stage, or shut down if they fail to reach their goals.
To learn more or apply to the program, you can find all the relevant information here: http://stubbsalderton.com/preccelerator/