Version One Ventures
JANUARY 28, 2013
That means there are a lot more seeded startups out there: an excess demand for a limited supply of Series A financings. I recently had lunch with an entrepreneur who asked what he should do.
www.paulgraham.com
APRIL 28, 2010
A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. It wasnt because they werent accredited investors that I didntask my parents for seed money, though.
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