Up and Running

SEPTEMBER 10, 2014

Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). million people qualify as accredited investors. 2. ” Yes, the JOBS Act (Jumpstart Our Business Startups) is exciting, and it will bring a lot more potential investors into the marketplace.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Scott Edward Walker

FEBRUARY 1, 2014

Mistake #5 : not doing your due diligence on potential investors (at 38:36). CA exception – CA Labor Code Section 2870: (i) different space, (ii) not using employer’s facilities and (iii) idea/IP is not based upon work done for employer. Rule #1 : only sell “securities” to “accredited investors” – why? (i)

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111

Scott Edward Walker

FEBRUARY 1, 2014

i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies? (i)

Software Review 111

Software Review Delaware Accredited Investor Due Diligence 111