3 ms·

It should apply to either, especially if they're using the blog to get more investors.

• cienrak 15y ago
  So is it a problem that Fred Wilson blogged for months about Kickstarter before revealing that he was an investor?
  • yock 15y ago
    I'm not a lawyer or an SEC examiner, but I think securities fraud requires an overt fradulent claim, not simply the omission of potential benefit. Had Wilson been pimping Kickstarter as a profitable company (rather than merely a really cool idea) then it might be fraud.
  • deleted 15y ago
    [deleted]