
“It’s official- startups can now publicly advertise that they are seeking investments, but it does come with additional responsibilities of which all entrepreneurs must be aware. In nine out of ten conversations with startups on RockThePost (a startup investing marketplace I co-founded), entrepreneurs were not aware of what it means to generally solicit or the implications tied to doing so set forth by the Securities and Exchange Commission (SEC). Among them, a potential consequence of failing to follow the regulations is being banned from fundraising for a year. Even if unintentional, acting against promulgated rules could lead to a death sentence for your startup.”
Related posts:
Party like it's 1999! Dow, S&P 500, Nasdaq all hit new highs
AT&T and T-Mobile embroiled in legal fight over the color magenta
BRICS Nations Plan New Bank to Bypass World Bank, IMF
Court: Iceland doesn’t need to repay UK and Dutch depositors
Shutdown halts IRS seizures from tax cheats
U.S. Military Is Sent to Jordan to Help With Crisis in Syria
Echoes of the bubble in agents' descriptions of real estate markets
Central Banks Load Up on Equities
World’s longest bullet train service launched in China
Security experts say new electronic voting machines can be hacked
Swiss court orders stolen East German millions returned
Licensed Marijuana Grower Sues Cops For Killing His Plants
Alleged Silk Road Boss Now Accused Of Six Murders-For-Hire, Denied Bail
Japan Corporate Tax-Cut Plan Includes Enforcement Step-Up
Every Important Person In Bitcoin Just Got Subpoenaed By New York