The investment crowdfunding exemption that eventually made its way into the 2012 JOBS Act is a mess. But there's a bill in the current session of the North Carolina General Assembly that does not repeat the mistake of the federal legislators.
Ted Wang's Series Seed equity financing documents are gaining real traction. The virtues of standardizing seed financing terms include the potential for lowering legal costs.
Pressure on the SEC to write rules to implement investment crowdfunding under the JOBS Act is misplaced. The pressure should be put on Congress to come up with workable investment crowdfunding legislation.
Jason Calacanis' live crowdfunding iPhone app for his LAUNCH startup company pitch event is slightly ahead of its time - and probably not something that is going to be legal under non-accredited investor equity crowdfunding.
A speaker-by-speaker rundown of the public, morning sessions of the SEC's 2012 Forum on Small Business Capital Formation.
This post generates the idea that the best investor protection in equity crowdfunding might be to put the investor in charge. If issuers can take investment only from "Individual Crowdfunding Accounts," then the need for other regulation falls away.
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...
The SEC finally proposed rules to implement the provision in the JOBS Act that mandated the lifting of the ban on general solicitation in Rule 506 offerings, provided that all purchasers are accredited and that investors' accredited status be...
Thoughts on Yokum Taku's new form of convertible security, which Adeo Ressi of the Founder Institute has been promoting.