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After Raising $6.7M For Startups And Winning SEC Approval, AngelList Opens Up Investment Platform To More Companies

techcrunch.com

In December, AngelList , a service that matches early-stage startups with investors, debuted the ability to allow accredited investors to actually invest in startups on the platform with as little as $1,000. And today, AngelList is opening the platform up to all startups with top-tier investors. → Learn More.

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10 Tests of Your Modern Entrepreneur Lingo Savvy

Startup Professionals Musings

Sites like KickStarter have for years offered rewards and pre-sales for crowd investments, but real equity won’t be legalized until sometime this year for people other than accredited investors. Osmosis marketing is the hot new term for word-of-mouth advertising. Social mobile web. Super-angels. Startup accelerator.

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Crowdfunding? Yes, Maybe, No. Not Yet.

Up and Running

Startups can’t legally troll for investors on the web. They can’t advertise in the media or announce themselves in large gatherings. And the bad news is that it’s still illegal to offer investment over the web to anybody who accesses your page. Or make offers in Twitter, or Facebook.

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How To Launch a Startup and Avoid Ending-up in Jail

Scott Edward Walker

Indeed, in a world of easy access to online documents, it is often this legal compliance which is overlooked by founders, as they attempt to stay “lean” and “scrappy” (and sometimes even handle the legal work themselves or through a web service). Potential Criminal Violations Employment Laws. university.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

Rule #1 : only sell “securities” to “accredited investors” – why? (i) Crowdfunding exception to “accredited investor” – SEC rules not promulgated yet. Mistake #5: Not Doing Your Due Diligence on Potential Investors. break bread and having a couple of beers with the potential investors.

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The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies? (i)

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Is crowdfunding legal?

Startup Company Lawyer

Securities sold pursuant to the crowdfunding provisions are not transferable by the purchaser for one-year from the date of purchase, unless the securities are transferred to the issuer, an accredited investor, in a registered offering, or to family of the purchaser. Requirements on Intermediaries.

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