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while its true that you may not have to file disclosures with the SEC, do not kid yourself, the second you discuss a potential investment in your company with s
by rbcgerard 11y ago
while its true that you may not have to file disclosures with the SEC, do not kid yourself, the second you discuss a potential investment in your company with someone you have to conform to both federal (sec) and state securities laws...
- vasilipupkin 11y agowell, that's why startups talk to qualified investors who essentially sign something that says they are aware of all the risks of losing money, etc - not to general public. The point isn't the laws, the point is bullshitting sophisticated investors is a losing strategy