I am being asked, why is the SEC proposed ruling such a big issue?
Unless you read the entire ruling and get to talk either directly or indirectly to SEC staff, it doesn’t seem like a big issue.
Simply put, the proposed SEC ruling is (a) trying to fix a problem that doesn’t exist; (b) will increase risk in our …
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As a rule I live by, “if it ain’t broke, don’t fix it!” The new SEC rules violate that basic principle (see: http://www.startuplawblog.com/ or my previous posts). There is virtually no fraud in the Angel Investing asset class, but the SEC has decided to impose (without a Congressional mandate) stringent new rules that will cripple angel investing.
Let me use …
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The SEC just announced some new rules, based largely on the requirements of the JOBS Act. These rules, on their surface, seem really great. They acknowledge the rise in angel investing by allow companies to seek out angels nationally via “general solicitation.” Unlike Crowdfunding, which allows companies to seek investment from the general public, these rules apply ONLY to accredited …
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Frequent readers of my blog know that I am active in public policy on behalf of angels. They also know that I am a nerd and about as far from a lawyer as you can get. So, they should take this post in that spirit.
When angels purchase stock in a startup, they must certify to the issuer that they …
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The Northwest ACA Regional meeting was held in Seattle on May 1-2. About 80 active angels from around the Northwest attended, from WA, OR, ID, BC, and Montana. A few guests from CA and even New Zealand were also there. Sponsored by the AoA (www.allianceofangels.com) and hosted by K&L Gates (http://www.klgates.com/), most attendees seemed to find …
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I recently spent a long and exceedingly pleasant weekend in the wine region of the north Willamette Valley.
First and foremost, the Black Walnut Inn (http://www.blackwalnut-inn.com/) in Dundee, OR was fabulous. It has only nine distinct rooms, each with its own character, but all wonderful. It looks like a Tuscan villa that overlooks the red-hilled vineyards.
My favorite …
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I hope that you all have been following the tiff that has developed between Apple and its app vendors and publishers (see e.g. http://www.informationweek.com/news/personal-tech/smart-phones/showArticle.jhtml?articleID=229200215). Nothing like taking wonderful successes like the iPhone and iPad and then let unbridled greed kill an ecosystem. This is exactly the kind of corporate behavior that has killed so many nascent new markets and …
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(A press request)
First, it is impossible for me to separate my business and personal apps very well. Since the smart phone (currently an iPhone and iPad in my case) is an ideal vehicle to integrate personal and business, the apps tend to get used in multiple ways. My top 5 are:
Many of my readers have noticed that the frequency of my posts has gone way down the last 8 weeks. While I generally am a private person who likes to keep my personal live and business lives separate, the number of people who have asked encouraged me to break this rule.
Rather than recount the reasons for this, I’ll just …
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Since I blogged about my poor experience with Netgear, today I had a much better experience with technology. Well, sort of anyway. I was finally able to locate Windows 7 drivers for a couple of arcane devices on my desktop server, so decided to upgrade from Vista to Win 7. After cloning my drive, I put in the Windows 7 …
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