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

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Before the commercial Internet, the primary tools of disclosure included: Prospectus and related registration statement (“S-1″) for an IPO. Public companies have dealt with financial disclosure in ways that evolved over time with markets and technologies.

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Mathematical vs. Economic Dilution of Startup Equity: Thinner Slices of an Extra-Large Pizza

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If you read the “ Dilution ” section of an IPO prospectus , you’ll see that the opposite happens to investors in the new public shares. That is not economic dilution, but rather its opposite ( accretion ).

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

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The Securities Act of 1933 requires that any type of securities offered to the public be registered with the SEC, involving a major undertaking to prepare and file a registration statement on Form S-1 – known to many as an IPO prospectus.

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