I'm no expert - but I did work part-time for a new business. It was hard as heck to raise capitol. So much so that it was nearly not worth the effort. We spe

I'm no expert - but I did work part-time for a new business. It was hard as heck to raise capitol. So much so that it was nearly not worth the effort. We spent as much, or more, time on investing than we did working. At one point I was named as a defendant by one state for the content of an email I sent on behalf of the CEO. We settled that, the boss got me removed from the thing, paid the fine. Paid the investor back his funds. The investor took the money, went to his _other_ home across the state line, sent the money back. It seemed like a lot of work on the part of the state regulatory branch - going after a small company for a negligible amount of money, on behalf of the sole investor from that state who really wanted to invest. It sure soured me on the idea of taking any company I launch public.