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Crowdfunding Update: FAQ’s for Entrepreneurs

Scott Edward Walker

Yes, on November 2nd, Senator Scott Brown of Massachusetts introduced S.1791 Finally, the Senate bill permits some form of registration by the State in which the company is organized and/or “any State in which purchasers of 50 percent or greater of the aggregate amount of the issue are…residents.” What Should Startups Do?

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Crowdfunding Bill Stuck in the Senate

Scott Edward Walker

The Brown bill was referred to the Committee on Banking, Housing, and Urban Affairs, and a hearing was held by such Committee on December 1, 2011, with respect to several pieces of capital formation legislation , including crowdfunding.

SEC 91
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Is the House Crowdfunding Bill Being Killed in the Senate?

Scott Edward Walker

Rather than adopt the House bill, two different crowdfunding bills have been introduced in the Senate.

SEC 65
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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

But the angels who’ve staked their funds on spreading bits of money all over the Valley are increasingly anxious that only 20 percent of their deals — in aggregate — will get the chance to keep going. The Burlington, Massachusetts-based startup provides Drupal-based content management systems. Source: AllThingsD ]. -