I don’t spend as much time combing through the Form Ds as I used to. But journalists still do. Why? Because SEC filings are a great way to get the jump on stories about who is raising capital, be it venture capitalists or startups.
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Take off those tap shoes, startups: SEC allows general solicitation
Sometimes, the law does catch up with modern behavior. I wasn’t around when prohibition was repealed. But the romanticized historical view seems to be that there were an awful lot of people drinking illegally at the time. And so trying to legislate morality didn’t work that well. Read More