Category Archives: Startups

JOBS Act, Accredited Investors, and Flaming Hoops

I’ve heard it multiple times now, from angel investors and entrepreneurs alike, that the JOBS Act changed the definition of “accredited investor” in order to make it easier to be one.  (Remember, Dodd-Frank made it harder.) It’s as if President … Continue reading

Posted in Financings, Startups | Tagged , , , , | 10 Comments

General Solicitation for Startups

The SEC has finally issued proposed rules that would eliminate the prohibition against general solicitation and advertising in Rule 506 offerings. The proposed rules are good news for startups because they offer broader access to investment capital sources, and the … Continue reading

Posted in Federal Law & Regulation, Startup Law, Startups | Tagged , , , , , , , | 13 Comments

Founder Institute

My colleague Christina Chan and I recently had the opportunity to interview Dave Parker of the Founder Institute. You can read our interview of Dave below. If you haven’t heard of the Founder Institute, it has been helping entrepreneurs in … Continue reading

Posted in Startups | Tagged , , , , | Comments Off on Founder Institute

The Social Purpose Corporation

By John Reed and Ame Wellman Lewis With increasing frequency, companies are seeking to build social values into corporate identities. Starting June 7, 2012, Washington State will recognize “social purpose corporations,” a new form of for-profit corporation. While the primary … Continue reading

Posted in Business Entities, Startups | Tagged , , , , | 4 Comments

JOBS Act – The Old Rules Still Apply

As we wrote last week, the most exciting provisions of the JOBS Act, at least for private companies–the repeal of the ban on general solicitation in all accredited offerings and crowdfunding–are not yet effective and won’t be effective until the … Continue reading

Posted in Financings, Startups | Tagged , , , , , , , , , , | 8 Comments