Up and Running

NOVEMBER 12, 2014

The SEC’s proposed rules (mandated by the JOBS Act of 2012) amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to allow the offer and sale of securities through an internet crowdfunding campaign, similar in some respects to donation crowdfunding campaigns conducted on Kickstarter and Indiegogo. The investors.

Equity 125

Equity SEC Technical Review Security 125

Startup Professionals Musings

FEBRUARY 21, 2015

despite having been passed into law in early 2012 via the JOBS Act , and still has no scheduled date for availability, waiting for the rules to be finalized by the SEC. In this model, often called micro-financing or peer-to-peer lending (P2P), people contribute with the intent to create a pool for all to borrow against.

Accredited Investor 120

Accredited Investor SEC Equity Europe 120

Growthink Blog

APRIL 21, 2013

However, before entrepreneurs could start using equity-based crowdfunding, the SEC had to write the specific rules governing it. The SEC was given 9 months to write those rules; they were due on December 31, 2012. However, the SEC failed to meet that deadline. The good news is that any day, they will.

Accredited Investor 95

Accredited Investor SEC San Francisco Equity 95

Ben's Blog

MAY 24, 2021

To encourage greater institutional participation, Congress and the SEC should consider, potentially for a limited period of time relative to a new issue, increasing the concentration limits for diversified mutual funds. In April 2021, however, the SPAC new issue volume dropped to 13 deals, a decline of roughly 90% from the March 2021 volume.

SEC 36

SEC Accredited Investor IPO Technical Review 36

Startup Professionals Musings

SEPTEMBER 22, 2013

Every reputable investment firm is registered with FINRA and files regular reports with the SEC. The Internet has just made it easier and faster for vultures to feed on entrepreneurs tempted by the possibility of an “inside deal.” Has the firm ever been disciplined by the SEC or a state regulator? Avoid “insider deals.”

Securities and Exchange Commission 240

Securities and Exchange Commission Offshore SEC Iran 240

Professor VC

NOVEMBER 14, 2011

I wont go into the details of the bill, but at a high level, it allows entrepreneurs to raise funds over the Internet up to a maximum of $1M annually (or $2M with audited financials). These investments would be exempt from registration under the 1933 SEC Act. There is a reason the SEC exists. 7.5 - 10.5% April 12, 2012 6:15 PM.

SEC 54

SEC San Jose Angel Investor Accredited Investor 54

Growthink Blog

APRIL 2, 2012

While the crowdfunding portion of the bill still needs to go through SEC rule-making, the die is clearly cast that a whole new social networking – based world of start-up and small business investing and financing is coming fast upon us. This week, the President is expected to pass H.R.

Disintermediation 72

Disintermediation Technical Review SEC Early Stage 72

Berkonomics

FEBRUARY 27, 2020

When you seek professional investors, whether organized angels or venture capitalists, one of the early questions you are asked is “How have you financed the business so far?” And now that “crowd sourcing” has been enabled using the Internet – seeking many investors at a small amount per investment. How it happens. The legality issues.

Cap Table 62

Cap Table Private Placement SEC Accredited Investor 62

Startup Professionals Musings

JANUARY 30, 2011

Every reputable investment firm is registered with FINRA and files regular reports with the SEC. The Internet has just made it easier and faster for vultures to feed on entrepreneurs tempted by the possibility of an “inside deal.” Have you or your firm ever been disciplined by the SEC or a state regulator? Avoid “insider deals.”

Securities and Exchange Commission 232

Securities and Exchange Commission Offshore SEC Iran 232

Agile VC

NOVEMBER 6, 2013

As many of you know, in the past I’ve done a series of posts deconstructing the S-1s of VC-backed internet startups going public. 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.

IPO 194

IPO Aggregator B2B Internet 194

Startup Lessons Learned

MAY 4, 2021

Why don't we just put this plan on the internet? I think it was December of 2010, and happened to just be reading that paper on the internet one day and just immediately captivated my attention. And of course, I wasn't really interested in the finance side of it to me. And I actually really liked doing this. I'm curious.

IPO 113

IPO Cofounder Technical Review Government 113

Startup Professionals Musings

JANUARY 29, 2010

Every reputable investment firms has to file regular reports with the SEC. The Internet has just made it easier and faster for vultures to feed on entrepreneurs tempted by the possibility of an “inside deal.” Watch out if someone has a complex plan involving offshore bank financing or gemstones or oil leases in Iran to make you rich.

Securities and Exchange Commission 176

Securities and Exchange Commission Offshore SEC Iran 176

Agile VC

MARCH 13, 2012

Patents and the threat of patent infringement lawsuits provide maximum leverage against a competitor when they’re in the middle of a strategic inflection point… a major financing, acquisition, or large product launch. Are they, were they, and the SEC were when a few brave souls were warning about Madoff to deaf ears?

IP 100

IP IPO Social Network Silicon Valley 100

Version One Ventures

MARCH 29, 2017

If we examine the current landscape of startup data, we can categorize it into two types: 1) financial statements and financing information; and 2) general/operations information (basically anything that’s not financial). Strategy : To crowdsource data, KPIs and benchmarks on anything from operations to sales to hiring.

Aggregator 60

Aggregator Startup Vertical SEC 60

Berkonomics

MARCH 8, 2012

When you seek professional investors, whether organized angels or venture capitalists, one of the early questions you are asked is “How have you financed the business so far?” And even more recently, “crowd sourcing” has been enabled by the Internet – seeking many investors at a small amount per investment.

Cap Table 74

Cap Table Private Placement SEC Accredited Investor 74

www.vccafe.com

MARCH 11, 2013

easy business finance software. YCombinator Series AA Equity Financing Documents. Likelihood of Confusion -trademark, copyright and Internet Law. Y Combinator : They provide a series of AA equity financing documents that are written with simpler words so start-up companies will have an easier starting point. SlideShare.

Software Review 53

Software Review Technical Review Startup 53

Startup Company Lawyer

MAY 26, 2012

Crowdfunding: Its Practical Effect May Be Unclear Until SEC Rulemaking is Complete. On April 23, 2012, the SEC published guidance reminding issuers that “any offers or sale of securities purporting to rely on the crowdfunding exemption would be unlawful under federal securities laws” until the SEC adopts new rules.

SEC 58

SEC Securities and Exchange Commission Accredited Investor Private Placement 58

Business Plan Blog

JANUARY 2, 2014

In September of this year, the SEC voted to overturn the ban on “general solicitation” that made it illegal for companies to publicly advertise that they are raising capital. How Crowdfunding is Affecting Angel Group Investment. An easing on some of the U.S. An easing on some of the U.S.

Angel Groups 51

Angel Groups Accredited Investor Angel Investor Due Diligence 51

Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.) Read on for a fuller explanation.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

www.quora.com

JANUARY 16, 2011

With declining span of attention, unless something appeals in first 20 secs, people move onto something diff (generally, because there are so many choices). You don't necessarily need a team of specialists in each field (product, management, marketing and finance). Successful startups today more than ever, grow in Internet time.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

abovethecrowd.com

APRIL 20, 2016

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. The same thing happened to many Internet stocks. By the first quarter of 2016, the late-stage financing market had changed materially. By January of 2016, that number had ballooned to 229. Late 2015 also brought the arrival of “mutual fund markdowns.”

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Berkonomics

MARCH 7, 2019

When you seek professional investors, whether organized angels or venture capitalists, one of the early questions you are asked is “How have you financed the business so far?” What would the SEC say about your investors? Enter the need for larger investments. But often, entrepreneurs turn to others for initial capital.

Cap Table 61

Cap Table SEC Private Placement Accredited Investor 61

abovethecrowd.com

FEBRUARY 24, 2015

Historically, different financial institutions specialized in different stages, because the assessment of risk and opportunity was considered unique at each stage — for example, a seed investor was unlikely to do late-stage financing, and vice versa. Some have argued that each of these companies would already be public in a prior era.

IPO 40

IPO Liquidation Preference Valuation Technical Review 40

abovethecrowd.com

JUNE 2, 2021

That said, the NYSE and NASDAQ have SEC approval for “Direct Listing with a Primary Raise.” It is important to note that using the one-day gains of “hot IPOs” to either attract new customers or wildly please the ones you already have is not a new concept. Interestingly, the 7.5X In that case, the company would also have used this 7.5X

IPO 82

IPO Customer Matching Silicon Valley 82

Both Sides of the Table

SEPTEMBER 17, 2017

In more than a decade of writing about the Internet and tech-enabled businesses I’ve learned that mobs don’t do nuance well. Decentralized Internet — This is perhaps the most unsexy part of cryptocurrency but the one that most purists I follow on this topic are most excited about.

Government 280

Government Distribution Stock United States 280