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For as long as we can remember, startups have not been able to “generally advertise” or “generally solicit” their securities offerings. The general opinion is that this has made fundraising more difficult for startups than it ought to be.
But on September 23rd, new SEC rules will go into effect to allow startups to generally solicit and generally advertise their offerings. This is a positive and dramatic change that has been met with cheers.
Today, we are welcoming Bo Sartain, attorney and founder of VentureDocs to the show to discuss these details. We’ll be talking about:
**What IS General Solicitation?
**Do the old laws on General Solicitation and raising capital still remain in place?
**What are the new rules for companies that make a General Solicitation?
**Do the rules on ‘Accredited Investors Only’ still apply?
**What are reasonable steps to verify Accredited Investors?
TECH Talk - Texas Style is produced by TECH Fort Worth to showcase emerging technology entrepreneurs and to promote the growth and development of technology start-ups in Texas.
Twice a week, we talk about technology start-ups, focusing on their challenges and successes. We offer guests the opportunity to share their insights, resources they found useful, and ideologies that helped them move forward.
Additionally, we offer listeners information on resources in the state that can give technology start-ups the mentoring, coaching, and support they need to grow and thrive.
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