SEC expands accredited investor definition but does this do anything to level the private market playing field? This “expansion” is still quite restricting. It only includes those who have a Series 7, Series 65, and Series 82 license with the “flexibility to reevaluate.” Plus, the private markets remain incredibility exclusive with the best rounds almost always oversubscribed before anyone hears about them.
This is Part 2 on token design pulled from a Crypto Underground panel I did with my friends, Sarah Hody, Associate at Perkins Coie and Rob Massey, Tax Partner at Deloitte. Combined, they have almost 10 years of blockchain experience, which definitely makes them industry experts in this new field. This post covers: SAFT’s Aren’t Simple, Choosing Advisors, Token Allocation to Founders, Employees & Advisors, Token Use After ICO’s, Cost of Services.
Part 1 - Sarah Hody, Associate at Perkins Coie and Rob Massey, Tax Partner at Deloitte. This post covers: Where to Incorporate, What Entity to Use and Where Non-Fungibles Fit In.
Read MoreOur legal system is outdated, overpriced and cannot keep up with the needs of our country. This is in part because of age-old “traditions” and “rules” that support non-competition, discourage innovation and reject alternative business structures that have the potential to drastically improve access to high-volume, low-margin legal needs that the majority of Americans face.
Read MoreYour best chance of passing the bar exam is to know which study methods work for you. Don't blindly follow Barbri's or Kaplan's schedule just because you've paid for the course. This typically leads to quick burnout and high stress levels. Know yourself, put in the hours and take some breaks.
Read MoreHarvard Law School and Ravel Law announced last week that they will be digitizing Harvard's entire collection of case law and making it available online for free. This is a huge step in the right direction for more transparency and access to the legal system.
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