I have found that, while not absolutely critical, it can be very helpful in working with advisors who assist companies in going public if they have some knowledge and experience of the industry in which you operate. For certain members of the team you need...
Many entrepreneurs I know lament that their employees are not loyal to or respectful of them as boss. It is one thing to insist that workers firmly believe in the mission statement of the company to be motivated. It is another to demand loyalty, which I...
The decline in students taking the Law School Admission Test (LSAT), required for admission to virtually every law school, has continued. The 33,000 who took it in October is an 11% reduction from last year and the lowest since 1998. It is a 45% reduction...
Social media giant Twitter starts trading following its IPO today. One hopes the lessons of the Facebook IPO debacle are learned. In fact Facebook is now trading $14 above its IPO price, after a very disappointing start. Plus Twitter is choosing a day following a...
(Paraphrasing the great David Bowie's "Is There Life on Mars?") Scientists using data from NASA announced yesterday that there are nearly 9 billion planets in our Milky Way galaxy alone that are similar to Earth's size and in the range of their suns to support Earth-type...
Even after you have found the right partner to start your company with – whether it is a spouse or significant other, a family member, or a relative stranger with whom you share business aspirations – it is still important to get everything in writing...
As reported by my friend and attorney Scott Gluck, the House last week started hearings on the next generation of JOBS-type relief for smaller companies, fashioned after the original Jumpstart Our Business Startups (JOBS) Act of 2012. The "JOBS 2.0" hearing discussed a number of...
As many know, when the SEC passed rules allowing companies and private funds to use general solicitation and advertising in certain private securities offerings as mandated by the Jumpstart Our Business Startups (JOBS) Act, they also proposed a series of rules that would add investor...
The SEC's website makes it official. Tomorrow at 10am Eastern time the SEC will: "consider whether to propose rules and forms related to the offer and sale of securities through crowdfunding pursuant to Section 4(a)(6) of the Securities Act of 1933, as mandated by Title...
Bloomberg reports today that the SEC plans to announce long-awaited proposed rules on "crowdfunding" next week. There is no notice yet on the SEC website, but apparently the news outlet heard from those in the know. The Jumpstart our Business Startups (JOBS) Act of 2012...