VC Cafe

JANUARY 30, 2023

SAFE note), shareholder agreements, company formation and governance documents (e.g. articles of incorporation, bylaws, shareholder agreements), employment contracts, patents and trademarks, contracts with providers, SEC filings, licenses Business documents – client contracts, pipeline (can be redacted: i.e

Technical Review 103

Technical Review Due Diligence Cap Table Startup 103

Gust

JANUARY 31, 2013

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. To understand the SEC’s point of view , it’s necessary to review the principles underlying securities law in the United States.

SEC 158

SEC Prospectus United States Technical Review 158

Steve Blank

FEBRUARY 6, 2024

government agencies, our federal research labs, and government contractors no longer have exclusive access to these advanced technologies. Government agencies to provide context and perspective on commercial technologies and national security. Government. We focused on the challenges created when U.S.

Technology 254

Technology China Artificial Inteligence Russia 254

Austin Startup

JUNE 21, 2018

For example, bitcoin makes it possible to transfer money between parties without fees, or oversight from your bank, government, etc. The second rule of crypto start ups is due to a government body that was created as an indirect result of Ronald Coase and his pioneering work on transaction costs: the Securities and Exchange Commission (SEC).

Securities and Exchange Commission 61

Securities and Exchange Commission SEC Pre-Money Valuation Security 61

David Teten

DECEMBER 8, 2010

Expert networks have been in the news a lot for the past few weeks, due to the SEC’s attempt to look for insider trading amongst hedge funds, following on their Galleon investigation (Raj Rajaratnam of Galleon is in the photo shown). The best source of information on this topic is as usual the Integrity Research blog.

Networking 122

Networking Private Equity SEC Software Review 122

SiliconHills

OCTOBER 23, 2013

The Securities and Exchange Commission on Wednesday released its long-awaited proposed rules governing the practice of equity-based crowdfunding that allows startups to sell securities directly to the public. Austin San Antonio crowdfunding equity-based crowdfunding JOBS Act rules SEC Securities and Exchange Commission startups Title III'

SEC 72

SEC Securities and Exchange Commission Equity San Antonio 72

Haystack

DECEMBER 29, 2018

Governments blocking acquisitions, the curtailment of company expansion, more scrutiny on overseas operations of U.S. If scooters were not being stolen, reprogrammed, vandalized, thrown into lakes, hung from trees, or pooped on, many city governments felt they were being hustled by these companies in a post-Uber world.

Technical Review 165

Technical Review Venture Capital Russia China 165

Feld Thoughts

JULY 11, 2010

The common description of pay to play is “ the practice of making campaign contributions and related payments to elected officials in order to influence the awarding of lucrative contracts for the management of public pension plan assets and similar government investment accounts. &# Yup – sounds like bribery to me.

SEC 133

SEC Pay to Play Colorado Campaign 133

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

Startup Professionals Musings

JANUARY 18, 2017

The SEC and local law enforcement agencies can’t help you much with foreign scams. I continue to be amazed that some government agency reportedly still gets 100 calls per day from victims of the Nigerian unclaimed cash scam alone. Unsolicited foreign investors that contact you on the Internet need extra scrutiny.

Technical Review 120

Technical Review Non-disclosure Agreement Due Diligence Entrepreneur 120

Steve Blank

OCTOBER 9, 2018

Regulated marketplaces are ones that have significant government regulation to promote (ostensibly) the public interest. regulation happens on three levels: federal laws that are applicable across the country are developed by Federal government in Washington. state laws that are applicable in one state are imposed by state government.

Marketing 321

Marketing Startup Government SEC 321

Startup Professionals Musings

SEPTEMBER 26, 2013

The SEC and local law enforcement agencies can’t help you much with foreign scams. I continue to be amazed that some government agency reportedly still gets 100 calls per day from victims of the Nigerian unclaimed cash scam alone. Unsolicited foreign investors that contact you on the Internet need extra scrutiny. Ignore these.

Technical Review 202

Technical Review Non-disclosure Agreement Due Diligence Entrepreneur 202

Pascal's View

MARCH 18, 2010

Susan Mangiero , CEO of Investment Governance’s Fiduciary X , asked me the following: Question: Do you think than anemic IPO market will remain a deterrent to VC investing? For more on the SEC Concept Release, click HERE. Yes I do. equity markets. I believe that the U.S.

IPO 28

IPO Government SEC Venture Capital 28

Kodorra

JANUARY 4, 2019

Governance for ICO can be relatively loose in countries such as Singapore as long as there is a real use of the ICO token or coin in the blockchain system that the company envisages. Because regulation and governance are tighter around securities, so is liquidity. Some regulators, such as U.S

Securities and Exchange Commission 40

Securities and Exchange Commission Technical Review Lock-up Period Accredited Investor 40

Up and Running

AUGUST 28, 2019

This option takes greatest advantage of your knowledge of your state and its laws, the helpful local people you know, and the ability to physically visit government offices if needed. Some corporations also need to register with the SEC , so be sure to research whether that is required for your company.

Delaware 83

Delaware Stock Nevada Technical Review 83

Feld Thoughts

OCTOBER 11, 2013

Yeah – the problems are obscure ones generated by our government, and there are moments where it seems like the SEC simply doesn’t want any of this to actually work. Angel Investing angelist crowdfunding fg angel sec syndicates' But that’s part of the fun of it.

Syndicate 148

Syndicate Syndication SEC Angel Groups 148

David Teten

FEBRUARY 26, 2012

HBSANY members are required to be accredited investors (per SEC regulations) and are expected to agree to the terms of the HBSANY Membership Agreement. You will be able to meet privately with these companies later in the evening. This evening is exclusively for members of the HBS Angels of Greater New York.

Technical Review 128

Technical Review New York Accredited Investor IP 128

YoungUpstarts

FEBRUARY 27, 2013

The data in Bizshark ‘s database is compiled from a multitude of sources – including SEC filings, government records, public directory listings, business sites, as well as major news and social media sites – through its proprietary technologies.

Search 191

Search Sales Database SEC 191

Steve Blank

JUNE 24, 2013

Rent seekers are individuals or organizations that have succeeded with existing business models and look to the government and regulators as their first line of defense against innovative competition. They use government regulation and lawsuits to keep out new entrants with more innovative business models. Rent Seekers. No regulation?

North Carolina 335

North Carolina New Jersey New York Government 335

Gust

JULY 18, 2012

Perhaps no better example exists than the term “ Corporate Governance.” Framed that way, “corporate governance” starts seeming a lot less dry and academic. ” Typical governance structure (Sony Corporation). Rhetoric has the power to engage or alienate, to enchant or disaffect.

Stock Options 188

Stock Options SEC Stock Government 188

Berkonomics

AUGUST 20, 2020

You know that the buyer will be crawling the offices with legal and accounting personnel, reviewing contracts, financials, governance documentation, intellectual property, leases, and much more. [Email readers, continue here…] First, should you inform your employees of the deal? When to make an internal announcement.

Due Diligence 71

Due Diligence Intellectual Property SEC Lean 71

Steve Blank

JUNE 24, 2013

Rent seekers are individuals or organizations that have succeeded with existing business models and look to the government and regulators as their first line of defense against innovative competition. They use government regulation and lawsuits to keep out new entrants with more innovative business models. Rent Seekers. No regulation?

North Carolina 227

North Carolina New Jersey New York Government 227

Startup Professionals Musings

MAY 8, 2011

Justice Department and SEC reported imposing over $1.5 crackdown started way back in the late 1970’s with the advent of the “ Lockheed Bribery Scandals ,” in which the company was accused of paying bribes to foreign governments in order to secure aircraft and equipment orders. In a recent update by Thomson-Reuters , the U.S.

Costa Rica 222

Costa Rica South America Taiwan Malaysia 222

YoungUpstarts

MAY 2, 2018

For instance, shareholders may want a seat at the governance table, given they have a right to have their voice heard. Jonathon Clarke is a qualified pharmacist with experience across hospital, community andacademia sec tor. However, this method is not without its disadvantages. Michael Budden is a web and graphic designer.

Incubator 133

Incubator Ireland SEC Equity 133

Board Effect

MARCH 3, 2021

Such risks aren’t working taking as they can leave your board in violation of SEC regulations or other current or future regulations. If the board is practicing good governance, the board administrator or board chair should be sending out the agenda, board reports, and committee reports along with the board meeting handbook.

Security 78

Security Community SEC Framework 78

Pascal's View

SEPTEMBER 29, 2008

According to the article, a report by the inspector general of the SEC asserts that “voluntary regulation does not work” and that the SEC’s oversight program for the investment banks “was fundamentally flawed from the beginning.” ” The article goes on to state: The report found that the S.E.C.

SEC 28

SEC New York America Programming 28

Board Effect

AUGUST 14, 2023

Cyberattacks Are Here and Rising Globally speaking, organizations in the financial services sector suffered the second-largest number of known breaches in 2022, just behind government organizations and ahead of the retail sector, according to threat intelligence firm Flashpoint. Ransomware attacks are rising and becoming increasingly costly.

Technical Review 52

Technical Review Government Security Framework 52

Board Effect

AUGUST 14, 2023

Cyberattacks Are Here and Rising Globally speaking, organizations in the financial services sector suffered the second-largest number of known breaches in 2022, just behind government organizations and ahead of the retail sector, according to threat intelligence firm Flashpoint. Ransomware attacks are rising and becoming increasingly costly.

Technical Review 52

Technical Review Government Security Framework 52

Startup Company Lawyer

MARCH 12, 2009

C corps, LLCs, and S corps differ significantly in the areas of taxation, ownership, fundraising, governance and structure, and employee compensation. C corps may have an unlimited number of stockholders (subject to SEC reporting requirements if the number exceeds 500). Governance/Structure. citizen/resident stockholders.

LLC 61

LLC Stock Options Preferred Stock Stock 61

Early Growth Financial Services

APRIL 30, 2013

These entrepreneurs envisioned joining their tech-savvy competitors and colleagues in the new world of “crowdfunding,” where startups vie for average investors’ dollars through website offerings unencumbered by the strict rules and regulations that govern other types of financings.

Securities and Exchange Commission 54

Securities and Exchange Commission SEC Government Finance 54

Gust

NOVEMBER 15, 2012

But by far the biggest issue is that the very essence of public markets (and what makes them “public”) is that the SEC mandates an enormous amount of transparency, including complete quarterly financial statements, complete publication of the company’s cap table including all significant shareholders, and so forth.

Seed Stage 131

Seed Stage Hockey Stick Cap Table Liquidation Preference 131

Berkonomics

SEPTEMBER 26, 2013

You know that the buyer will be crawling the offices with legal and accounting personnel, reviewing contracts, financials, governance documentation, intellectual property, leases, and much more. First, should you inform your employees of the deal? How do you explain this if not by making a general announcement? Email readers, continue here.]

Due Diligence 85

Due Diligence Liquidity Event Intellectual Property SEC 85

Growthink Blog

MARCH 19, 2012

Broadening the Base Currently, equity-based crowd funding falls under strict Securities and Exchange Commission rules governing angel investing. First, the SEC largely limits private-equity investments to accredited investors—those with $1 million or more in net worth, among other tight standards.

Equity 88

Equity Securities and Exchange Commission Private Equity SEC 88

Gust

NOVEMBER 23, 2011

In recent years, government regulation has emerged as another such force to be reckoned with in the technology industry. Talented entrepreneurs are nothing if not resilient in the face of change: Market forces, competitive threats, technological shifts, you name it.

IPO 110

IPO Prospectus SEC Intellectual Property 110

Agile VC

AUGUST 9, 2012

Governance/Control – Founder/CEO Mark Pincus has sold a good amount of his stock and owns <20% of shares outstanding, but now essentially has unilateral voting control of the company. You can read about all of this stuff in Zynga’s own SEC filings or the popular press.

Stock 160

Stock LBO .Net Valuation 160

Startup Lessons Learned

JULY 6, 2020

The institutions that governed our lives before are under extreme stress, and the cracks and gaps in the system are becoming rifts and fault lines. Once we saw this evidence, we thought, "Wait a sec, we can actually do something about it." I am Eric Ries. Eric Ries : Who needs to do that? Where does this funding need to come from?

Artificial Inteligence 60

Artificial Inteligence Open Source Cofounder Design 60

Seeing Both Sides

DECEMBER 3, 2009

  I don’t know what happened at Canopy, and reports that the SEC has accused them of falsification of audit statements sounds extraordinary, but in any event the KPMG senior auditors should have been meeting directly with the audit committee board members, without management present, to sniff out any improprieties.

Technical Review 31

Technical Review Due Diligence Silicon Valley SEC 31