Raising Equity Capital for Your Startup: Securities Law Exemptions Ranked by Ease of Use

Raising equity capital for a startup properly can be challenging, but it is the first step before starting a successful business. Read below more information. Introduction If you are raising money capital from investors for your startup, no matter how you do it, there are rules you must be careful to follow. If you doContinue reading “Raising Equity Capital for Your Startup: Securities Law Exemptions Ranked by Ease of Use”

Why It Is So Difficult to Take Investment From Non-Accredited Investors

By: James Graves The Significance of Accredited Investors vs. Non-Accredited Investors The unfortunate reality of United States securities law is that your company cannot take investment money from just anyone. One of the most important distinctions in the world of fundraising and securities law is “accredited” versus “non-accredited” investors. An “accredited investor” is generally anContinue reading “Why It Is So Difficult to Take Investment From Non-Accredited Investors”

SEC Concept Release Letter

The SEC recently solicited the public’s views on its regulations on private offerings, issuing the Concept Release on Harmonization of Securities Offering on June 18, 2019. Our group worked hard to write a fifteen page response letter to the Commission containing our suggestions and overall thoughts. See below! Comments to SEC Concept Release Re FileContinue reading “SEC Concept Release Letter”

Equity Crowdfunding Video Chat

My colleague Danny Neuman and I put together this video about equity crowdfunding for an AMA on Nick Hughes’ Founders Live group. Equity crowdfunding can proceed along a number of different pathways, including: Rule 506(c) Title III State equity crowdfunding laws Regulation A+ If you want to raise money through an equity crowdfunding, we wouldContinue reading “Equity Crowdfunding Video Chat”

A Good Day For Equity Crowdfunding

Yesterday was a good day for equity crowdfunding. Washington Governor Jay Inslee signed into law Washington HB 1593. This bill will make it easier for companies in Washington State to use Washington’s equity crowdfunding bill. If you like, you can watch the bill signing ceremony. Thank you Governor Inslee, Representatives Brandon Vick (R-Ridgefield) and Steve KirbyContinue reading “A Good Day For Equity Crowdfunding”

Washington State Equity Crowdfunding Update

Good news! Senators Fain and Mullet have sponsored SB 5680 in the Washington State Senate. This is the same bill as HB 1593 in the House. The bill would make important technical improvements to Washington State’s equity crowdfunding law The highlights of the bill include: Allowing Delaware corporations to use Washington State’s equity crowdfunding law.Continue reading “Washington State Equity Crowdfunding Update”

Washington State Equity Crowdfunding Update

My colleague Danny Neuman and I testified this morning in support of HB 1593. This bill would improve the Washington State equity crowdfunding law. The bill is sponsored by Representatives Vick and Kirby. HB 1593 Would Do a Number of Helpful Things HB 1593 would do the following: Eliminate the quarterly public disclosure of executive officerContinue reading “Washington State Equity Crowdfunding Update”

Recommended Improvements to Washington’s Equity Crowdfunding Law

I testified yesterday before the Washington State House of Representatives Business & Financial Services Committee regarding the state’s Equity Crowdfunding law, and presented a list of recommendations for how to improve the regulations and make the law a more effective fundraising tool. Raising money is a hard job for startups. It is made harder because thereContinue reading “Recommended Improvements to Washington’s Equity Crowdfunding Law”

Intrastate Crowdfunding: SEC Adopts Helpful Rules

The SEC adopted final rules today to facilitate intrastate crowdfunding offerings. Intrastate Crowdfunding Intrastate crowdfunding is a phenomenon I am not sure many people anticipated. In the wake of the JOBS Act, when everyone was waiting for the SEC to finalize the Title III JOBS Act equity crowdfunding rules, states started passing their own laws.Continue reading “Intrastate Crowdfunding: SEC Adopts Helpful Rules”

Intrastate Crowdfunding: SEC Meeting Next Wednesday

The SEC has announced that it is going to have a meeting next Wednesday, October 26, 2016, at 10:00 a.m. Eastern Time to consider whether to adopt rule amendments to facilitate intrastate crowdfunding offerings. The SEC might adopt an entirely new exemption for intrastate crowdfunding offerings. The trouble with the current intrastate crowdfunding legal landscape is that SectionContinue reading “Intrastate Crowdfunding: SEC Meeting Next Wednesday”