A legal blog on private funds, startups, and venture capital.
A legal blog on private funds, startups, and venture capital.
Deciding to accept venture capital investment is a crucial choice for successful startups, offering major funding, connections, and advice, but at the cost of ownership dilution, loss of autonomy, and potential pressure for a quick exit. Founders must weigh the significant risks against the potential for rapid growth and success.
In October, the SEC finally completed its implementing regulations to Title III of the JOBS Act, more commonly known as the “crowdfunding” exemption. The 600-page release can be found here. I’m not going to bother summarizing these regulations, as so…
Back in March, I wrote about proposed revisions to Regulation A, commonly known as “Regulation A+”, which were designed to implement Section 401 of the Jumpstart Our Business Startups Act (JOBS Act). Since then, the SEC issued its final rule,…
Yesterday, the SEC finally released its proposed rule to amend Rule 506 of Regulation D to eliminate the general solicitation prohibition for private placement offerings. As I’ve discussed in a previous post, the SEC’s continued delays in issuing this rule…
The JOBS Act contained two provisions that have the potential to help startups in their capital-raising efforts: (1) reform of Regulation D, which will permit more widespread solicitation of angel investors (this is also frequently referred to as the repeal…
