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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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This includes website content and software code as well as the more obvious examples in media and publishing. Every original work is automatically copyrighted under US law upon creation, whether or not registered (although there can be significant benefits to registration ).

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

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Never missing an opportunity for a good war story, I’d like to revisit one high-profile transaction, the $650 million acquisition of MySpace by Fox Interactive Media in 2005, on which I spent many sleepless nights along with the rest of the deal team. Part of the deal was bringing in a new CEO, Richard Rosenblatt. of MySpace, Inc.

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Second-Class Investor Citizens: Facebook’s IPO and Dual-Class Equity Structures

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This is nothing new; long favored by family-controlled media empires such as Rupert Murdoch’s News Corporation , among Internet firms alone, Google took a dual-class approach when going public in 2004. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.

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

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Without these two laws (or their equivalent), the social media revolution of the past decade would have been stillborn. Technology companies in particular, which often grant stock or options to every employee, can easily pass the 500 mark if rapid growth results in rapid hiring.

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“AirB&E” and Disaster Response for Consumer Startups

Gust

As it gains traction, every social or consumer internet startup should pause at some point and take stock of risk and abuse issues, viewed as broadly as possible. In the age of social media, word travels lightning fast of this kind of incident. With a prompt, helpful response, that can be turned to your advantage.

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