article thumbnail

This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

What are “Reg D” filings with the SEC and why does this make it harder to stay in stealth mode? But when the finally convert the debt to equity the round gets filed with the SEC and thus journalists often pick up on it. StackOverflow – We both have a love fest for Joel Spolsky who also co-founded Fog Creek Software.

Stealth 285
article thumbnail

Case Study: kaChing, Anatomy of a Pivot

Startup Lessons Learned

In the early fall of 2009, as kaChing prepared for its marketplace launch, the management team showed the app—which included real time market data, SEC-grade accounting, analytics, compliance and customer management tools—to a number of investment pros to get feedback and endorsements. The response was surprisingly positive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

different perspective as a lawyer (lots of phone calls from founders with problems). Zuckerberg” problem – IP is not assigned to the company by the founders and/or third-party developers (including in foreign countries). Vesting schedules must be established to protect the other co-founders (plus, VC’s will typically require them).

article thumbnail

The 5 Biggest Legal Mistakes That Startups Make

Scott Edward Walker

i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies? (i) Are they good guys or jerks? Can they be counted-on and trusted?

article thumbnail

After Raising $6.7M For Startups And Winning SEC Approval, AngelList Opens Up Investment Platform To More Companies

techcrunch.com

For Startups And Winning SEC Approval, AngelList Opens Up Investment Platform To More Companies. And just a few weeks ago, the SEC gave the investment platform the greenlight under its regulations. Co-founder Naval Ravikant explains that 18 pilot companies in the program, including Transcriptic, Double Robotics and Tred, received $6.7

SEC 61
article thumbnail

Developer Funding – How to Build Your Team and Raise Money (Google I/O Panel)

VC Cafe

When I met Instagram, Kevin (the founder) had great numbers, but he wasn’t even thinking about revenue. I invested in a company called Yobongo – the founder blew me away, he ended up selling his company and I made most of my money back. Lots of founders are college dropouts. He put a lot of emphasis on performance.

Developer 103
article thumbnail

EyeBlaster’s Second Shot at IPO: Will it Work This Time?

VC Cafe

Today, Eyeblaster notified the SEC of its intention to go public as detailed in the company’s S-1 Filing. percent) and co-founder Osfer Zadikario (6.2 Eyeblaster pulled out of its initial IPO filing in October 2008 citing the “market conditions&# as a reason for the delay. percent of the company. percent). —

IPO 68