Week in Review: Let the General Solicitation Games Begin
The ban on general solicitation is no more. Startups, VCs, PEGs, and other members of the entrepreneurial economy can now freely solicit accredited investors.
But, what does that really mean?
There are ongoing debates around the consequences of the new advertising freedom. Will there be a ‘democratization of capital’? Will anything change at all? Below is a collection of several top articles posing several different interpretations, perspectives, and expectations:
Primary Docs from SEC:
- SEC Approves JOBS Act Requirement to Lift General Solicitations Ban
- Fact Sheet: Eliminating the Prohibition of General Solicitation and General Advertising in Certain Offerings
- Statement at the SEC Open Meeting by Chairman Mary Jo White
Interpretations, Predictions, and Expectations:
- The Future of Solicitation after the JOBS Act
- SEC Lifts Ban on General Solicitation
- Why General Solicitation Isn’t Evil
- Game Changer: SEC Lifts General Solicitation Ban
- Facilitating General Solicitation at the Expense of Investors
- SEC Opens Private Funding Floodgates
- SEC’s Removal of General Solicitation Changes Everything
In other news, there is another regulatory change on the horizon for deal professionals and the slowdown in M&A may be more than a temporary lull.
Did you hear?
- 8 Mistakes Entrepreneurs Make When Pitching to Investors
- How Startups Overcame the Capital Gap
- Markit Enter Private Equity Valuation Industry (paid)
- 12 Dealmakers You Should Follow on Twitter
- How to Keep Your Small Business Merger from Crashing
- The Top SBA Lenders, SBICs, and Resource Partners
- Private equity loves Colorado
- Private equity firms team up to buy Water Pik
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Pfingsten is based out of Chicago, with representative offices in ChangAn, China, and New Delhi, India.
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