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How Reed Hastings’ Facebook Status Update Landed Netflix in SEC’s Crosshairs

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The move came as a shock to many in the tech business community, in which we’ve become accustomed to real-time disclosure by company executives through social media. Last month, the SEC announced it was taking action regarding Netflix’ (NFLX) securities compliance based on a Facebook status update posted by CEO Reed Hastings.

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Nuts & Bolts of Intellectual Property for New Startups

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Copyright is the right to control reproduction and distribution of original works of authorship fixed in tangible forms of expression. This includes website content and software code as well as the more obvious examples in media and publishing.

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Intellectual Property for Startups in the Real World

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The quicker the startup establishes a strong brand identity that “sells itself” through word-of-mouth and social media, earning goodwill in its name, the sooner it can effectively chase away knockoffs that try to use confusingly similar names , logos, or domain names. This is not to suggest there is no legal recourse whatsoever, though.

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Crowd-Funding Success Usually Brings New Challenges

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The administration of legal conditions, signatures, disclosures, and distributions is a nightmare. Even online, the type of people who may respond to social media requests may bear very little relationship to the intended market. Investors know how tough it is to get a set of terms accepted by even two investors, much less hundreds.

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The Gust-DEMO Fall 2012 Scholarship

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Products that are not eligible include: Products currently in public distribution, either as a launched product or as a highly publicized beta test. Products that have been widely covered by technology and business media. Upgrades to an existing product.