How does allowing crowdfunding of equity differ from the traditional startup finance model of investment by angels and venture capitalists? This article looks at literature by crowdfunding advocates which argues that the answer to this question...
How are the shares offered to the public in an IPO priced? This article looks to the most recent draft of Facebook's IPO prospectus, which included new language detailing how the company arrived at its initial offering price. The article...
When starting a business partnership (or similarly structured business), this article points out that it is best to plan for how to handle matters when things go bad up front; after all, circumstances change, and many bitter partnership disputes...
The creation of an equity crowdfunding securities exemption was big news at the time of the passage of the JOBS Act, but as this article points out, regulators are still warning that it is too early to conduct a crowdfunded offering of equity. ...
Copyleft is the biggest risk you run when you incorporate open source code into your products. Make sure you understand what an open source license prohibits you from doing and what it forces you to do.
What are some of the most important provisions for you and your business partners to include in your LLC's operating agreement? This article provides a baseline of six items which (at a bare minimum) every LLC's operating agreement should...
This Article is the third installment of a series of discussing important legal issues to consider when buying a business. The first installment discussed the role of the Exclusivity Agreement, and the second...
This article discusses a couple of reasons why stable startups with valuable patentable intellectual property may want to consider taking the step of obtaining patents at an earlier rather than a later stage.
This article comments on the results of a recent survey which inquired about the friendliness of the various states' legal regimes to small business owners. The article highlights the regions of the country where states tended to do well,...
The equity crowdfunding exemption created by the JOBS Act enmeshes "funding portals" within its statutory scheme. This article notes that there are a number of sophisticated parties building these funding portals, but wonders if the other...