Monthly Archives: July 2013

Innovation Up In Flames

Thanks to the SEC, you may inadvertently blow up your next company. Here is how it could happen. You come up with an idea. You talk to some friends about it. They convince you to apply to pitch at an … Continue reading

Posted in Financings, Public Policy | Tagged , , , , , , , | 8 Comments

The Response: Astonishment

I was talking to a group over breakfast the other day about the JOBS Act and the new rules we hoped would soon be finalized regarding general solicitation (this was before the final rules came out). And I was summarizing … Continue reading

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SEC Issues Proposed Rules Amending Reg D

The SEC has issued proposed rules amending Regulation D and Form D. The proposed rules are deeply flawed in that they will substantially increase the cost and complexity for startups trying to raise money. How so? The proposed rules make … Continue reading

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Proposed Rules Hard On Startups

Remember that old saying, “Be careful what you wish for, because you just might get it?” Well, that’s sort of how I feel about the SEC’s new rules (see here: http://www.sec.gov/news/press/2013/2013-124.htm). All the lobbying to change the law sort of … Continue reading

Posted in Financings, Startup Law | Tagged , , , , , | 17 Comments

LLC Compensatory Equity Awards – Complex and Difficult

By Joe Wallin and Dan Wright of Clark Nuber Question Is it more complex to make a compensatory equity grant from an LLC (taxed as a partnership) than from a corporation? Answer Yes Granting service providers an equity interest in … Continue reading

Posted in Business Entities | Tagged , , , , , , | 3 Comments