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Archive for the ‘venture capital’ Category

New Era of Capital Raising: Sorting Through the JOBS Act’s New Capital Raising Rules

Since the enactment of the Jumpstart Our Business Startups Act (the “JOBS Act”) in 2012, the Securities and Exchange Commission (“SEC“) has slowly been making its way through the titles to the JOBS Act to promulgate the final regulations for implementation of the act. This is a short synopsis of the various new rules and […]

 

A+ for Raising New Capital

Access to capital for private companies just became easier and most likely cheaper.  The U.S. Securities and Exchange Commission’s amendments to Reg A under the Securities Act of 1933 went into effect on June 19, 2015.  Known as Reg A+, the amendments allow fundraising without having to become a fully registered public company, subject to […]

 

The JOBS Act: Crowdfunding 1 – Introduction

Many small-to-medium sized businesses urgently need equity capital but, because of legal restrictions and the expense of raising private venture capital, these firms often give up on traditional methods of capital raising.  With great expectations, there was a change introduced in the new “Jumpstart Our Business Startups Act of 2012” (the “JOBS Act“) in April […]

 

Point Number 10 on How To Pursue Venture Capital

Hire a really good lawyer who knows the ropes. In our last post, we covered dividing up the responsibility for work and success. This time, let’s talk about a crucial team member: your lawyer. Seriously. I know it sounds like a pitch, but I am sincere. Of course we hope that you will hire North […]

 

Point Number 9 on How To Pursue Venture Capital

Build your team early. In our last post, we covered normal deal terms that affect how ownership is divided and risk shared. This time, let’s talk about dividing up the responsibility for work and success. No matter how smart, committed, persistent, motivated, talented, indomitable and attractive you may believe yourself to be, no one can […]

 

Point Number 8 on How To Pursue Venture Capital

Know your financial structure. In our last post, we covered a number of factors that affect the founder’s ultimate ownership percentage. In this section, we have a bit more detail. What you need to know up front that the venture capital investment process has become highly standardized. In many ways this is a good thing. It helps […]

 

Point Number 7 on How To Pursue Venture Capital

“The time has come,” the VC said, “to talk of many things – Of Points and Pies and Preferences and Option Grants with Strings” (With apologies to Lewis Carroll)

 

Point Number 6 on How To Pursue Venture Capital

Watch what you say. Last time, we focused on having a plan. As a corollary to presenting that plan in your conversations while seeking venture capital, here are some things you should never ever say (or at least do your best to avoid saying) to a venture capitalist: This is really several tips in one post. […]

 

Who’s Looking out for the Little Guy?

Delaware Chancery Court – that’s who!