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Tezos Co-Founder Hit With Potential Class Action Over $232M ICO

The organizers of blockchain startup Tezos, which this summer raised over $230 million in one of the largest-ever initial...

New California Law Will Prevent Employers From Asking Applicant’s Salary History

On Oct. 12, 2017, Governor Jerry Brown signed AB 168, prohibiting California employers from asking job applicants about their...

Oct 31 · 1 min read >

What Is A Dividend Preference?

Preferred stock is typically given a dividend preference over common stock, which means that a dividend must be paid...

Oct 26 · 36 sec read >

What Is Preferred Stock?

When a company is looking to raise money through investors, it can issue one of two types of stock:...

Oct 26 · 21 sec read >

Report Finds Just 1 In 10 ICO Tokens In Use After Sale

The market for initial coin offerings has been red-hot this year, as more startups look to raise capital by...

What Is A Series LLC?

A Series LLC is a variation of the traditional LLC and allows the owner to segregate risk within separate...

What Is A Redemption Right?

A redemption right is a feature of preferred stock that allows investors to require a company to repurchase their...

Oct 24 · 56 sec read >

What Should Be The Interest Rate On A Convertible Note (AKA Bridge Note)?

Convertible notes are structured as loans that to the company that convert into equity at a later point in...

SEC Committee Recommends Changes To Simplify Rule 701

Earlier this month, the Securities and Exchange Commission Advisory Committee on Small Businesses heard a presentation on Rule 701...

Oct 17 · 2 min read >

A First Look at Equity Crowdfunding in the US: Q1 & Q2 2017

The 2012 Jumpstart Our Business Startups (JOBS) Act established provisions that allow early-stage businesses to offer and sell securities...

Oct 13 · 1 min read >