The JOBS Act contained two very important provisions for startups: Reforming Regulation D to allow for general solicitation and a provision allowing crowdfunding, which will grant startups the ability to raise capital via the Internet. Both...
This is the sixth post discussing retaining key employees through different types of benefit compensation. This post discusses the legal and regulatory requirements for companies that choose to compensate their employees through stock. There are...
Rule 506 of Regulation D is the most commonly used exemption from securities registration requirements for startups to raise capital. There can be no general advertising or solicitation but an unlimited amount of money from "accredited investors" can...
Notes on a talk by Seattle lawyersDavid Brenner and Bruce Goto about how to mitigate risks posed by reliance on cloud services.
A witness-by-witness accounting of a webcast of a September 13, 2012 Congressional hearing about the progress of SEC rulemaking to implement the JOBS Act. Witnesses included Naval Ravikant of AngelList, Rory Eakin of CIrcleUp, and Alison...
Although those who support modernization of the rules around "angel" investing sigh relief when looking at the SEC's proposed rules to lift the ban on "verification" of accredited investor status, could it be that SEC Chair Mary Schapiro is...
Kickstarter is now having to confront the problems that come when projects fail. This post credits Kickstarter for addressing the issue, but thinks the company's first response is a misstep.
This article sounds a warning for advertisers and business owners who tout their products' health benefits to the public. The article points to several recent examples of unfounded claims leading to monetary liability (both by government...
One thing to consider when planning an offering is what investor qualifications you can live with. In making this decision it’s important to keep in mind that the definition of “accredited investor” is now more limited than it...
The Minority Report was Steven Spielberg’s vision for 2054. We are 42 years ahead of schedule.
Facial Recognition and Facial Detection Technologies are the latest in consumer privacy concerns. On the heels of Intel's latest proposed technology...