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    Corporations Mission-Driven Entrepreneurs Should Know About Part 3 - 501(c)(3) Nonprofits

    Corporations Mission-Driven Entrepreneurs Should Know About Part 3 - 501(c)(3) Nonprofits

    SEC Allows ICOs?! Proposal to exempt tokens from securities laws

    SEC Allows ICOs?! Proposal to exempt tokens from securities laws

    Corporations Mission-Driven Entrepreneurs Should Know About Part 2 - Cooperative Corporations

    Corporations Mission-Driven Entrepreneurs Should Know About Part 2 - Cooperative Corporations

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    What does JOBS Act 3.0 mean for your company?

    What does JOBS Act 3.0 mean for your company?

    Background Regulations passed over the last decade have made it harder for smaller companies and startups without connections to venture capitalists or angels to raise necessary startup capital. Without such funding, some businesses simply cannot get off the ground. Further, Main Street investors have fewer opportunities to invest in new public companies now compared to previous decades because fewer companies are conducting initial public offerings or “IPOs.” Companies engag
    What kind of business entity should you be?

    What kind of business entity should you be?

    Before you incorporate, you should carefully consider your options, including where you are at and where you would like to go. If you are operating as a single person business without any formal business structure, you are considered a sole proprietor. If you are running a business with another person, but similarly without a formal business structure, you are considered a partnership. Sole proprietorships and partnerships do not require any filings to set up and do not provi
    Is Your Airdrop Violating U.S. Securities Laws?

    Is Your Airdrop Violating U.S. Securities Laws?

    An airdrop is used to describe the free distribution of a blockchain startup’s cryptocurrency or token. Airdrops have developed as a way for companies to raise awareness and to attract users. It is used as an alternative to pay-per-click advertising and is now particularly appealing since Facebook, Google, and Twitter have banned cryptocurrency ads. In 2017, blockchain startups leveraged public sales of its tokens (also called, “initial coin offerings” or “ICOs”) for both fun
    When Should You Incorporate?

    When Should You Incorporate?

    Once you decided a corporation is right for your startup, you should consider whether it is the right time for you to incorporate. It costs time and money to create and maintain a corporation. Failure to do so may subject you to fines, suspension, and even personal liability, one of the primary purposes of establishing a corporation in the first place. As such, you may consider holding off on incorporating your company until your company will receive the benefits of incorpora
    Should You Incorporate?

    Should You Incorporate?

    If you founded a startup but have not already incorporated your company, you are probably considering doing so. Incorporation is one of the first steps in setting the appropriate legal groundwork for your startup. Before you incorporate, a few things to consider are whether a corporation is the right type of entity for your business; where you should incorporate; what type of corporation you should form; and whether you are willing to maintain your corporation. Should You Inc
    Client Story #2: Product Compliance

    Client Story #2: Product Compliance

    One of our clients developed a product that was intended to build community. They came to us for help because they wanted to know if the intended use of the product would be permissible under federal securities laws. Their proposed use, although permissible, would have required significant time and money to comply. Given the company's developmental stage at the time, this was not feasible. In addition, the possible civil and criminal penalties they could have suffered for non
     

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