Remove Demand Remove Preferred Stock Remove Reputation Remove Seattle
article thumbnail

How to Fund a Startup

www.paulgraham.com

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. 5 ] Another danger of less known firms is that, like angels, they haveless reputation to protect.