SXSW Interactive 2013
Two Lawyers Walk Into a Bar and Crowdfund
Two lawyers walk into a virtual bar full of entrepreneurs. . . One focuses on start-ups and internet law and tries to keep with the latest tech trends. The other reads SEC directives for fun and has been doing so for almost 40 years. This presentation will explain the rules of road that apply to online crowdfunding made possible by the JOBS Act. The SEC is required to issue the applicable rules by December 31, 2012. You know you don’t want to read and digest the rules. Let us do that for you and explain how you can take advantage of these rules, but not end up defrauded, broke, in a lawsuit or worst of all Bernie Madoff’s new best friend for ten to twenty. We’ll walk a hypothetical online venture through the process. You can even steal our online venture idea.
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Additional Supporting Materials
- What do the SEC rules mean in plain English?
- From a practical standpoint, what can I now do?
- How do I stay out of jail?
- What should I seek in a crowdfunding site?
- Who should take advantage of this and how do I position myself to do so that is different than what everyone else is saying?
Travis Crabtree, Member, Looper Reed & McGraw, P.C.