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

Gust

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. 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.

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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Then there is the pressure to go public ( IPO ), and open your investment to thousands, maybe millions, of small investors. That requires work and risk to comply with reporting requirements of the SEC, including the additional accounting and reporting processes. Bring in an experienced Board and world-class leaders.

Merger 379
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Putting Twitter’s IPO in Perspective

Agile VC

A few years ago this was sort of a novelty… not that many startups were going public and not that many bloggers or mainstream journalists took the time or had familiarity with combing these SEC filings. Twitter’s IPO has garnered a ton of attention in the tech and popular press. Twitter Is A Media Business.

IPO 194
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Looking Back On Tech, Startups, And VC In 2018

Haystack

More and more angels will be minted as the 2019 IPO class emerges. In 2017, we learned about how social media feeds were used to surface biased or planted information. Russia has evolved in a different direction, with tight information controls and state-run media. Consider the above paragraph versus how this year started.

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Why Twitter’s Confidential S-1 Filing Is A Good Thing

Feld Thoughts

Of course you did – it’s all the mainstream media could seem to write about last week after the now infamous twitter tweet about it. We’ve confidentially submitted an S-1 to the SEC for a planned IPO. When a company has this cleared by the SEC, it is ready to go public. Did you know Twitter is going public?

SEC 142
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Yahoo! vs Facebook: Lame Lawsuit, Good Timing ? AGILEVC

Agile VC

And at PayPal we were hit with a couple patent disputes while in the midst of our IPO process. only notified them of potential IP infringement two weeks ago on February 27, 2012 (as described in the lawsuit) and Facebook heard about it through the media rather than in private. I skimmed the text of the Yahoo! execs involved.

IP 100
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Probable and Improbable Lobbying Wins: The 1,000-stockholder Rule

Gust

Without these two laws (or their equivalent), the social media revolution of the past decade would have been stillborn. The law would have the effect of allowing companies to stay private longer, deferring the significant expense, management distraction and public disclosure of financial and operating data involved in the IPO process.

IPO 110