As you probably read, the Texas Securities Board approved intrastate crowdfunding yesterday without limiting it to accredited investors.
For those wanting to issue equity through intrastate crowdfunding:
My friends in the start-up community are excited about recent headlines suggesting the SEC has greenlighted crowdfunding. Leave it to the lawyer in the crowd to suggest they temper their excitement. As lawyers, we are used...more
Crowdfunding is legal. Sort of. Before you start soliciting for investors on Facebook, you need to know that general solicitations to sell equity to your company not listed on the stock exchange or otherwise registered is...more