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IP 101 -- Some Thoughts from Ashley Long
Intellectual Property 101 - A Basic Guide to Understanding IP. from Ashley Long
Joe Wallin
Legal Updates
Stock Options: ISOs vs. NQOs
Q: Can a member of the board of directors receiving a stock option as compensation for board member service receive an incentive or statutory stock option (an "ISO")? A: No. A board member who is just a board member, and not otherwise an employee of the company cannot
Legal Updates
Is a Demo Day General Solicitation?
Update (September 2025): This post, originally published in August 2015, does not reflect Rule 148, effective March 15, 2021, which provides a safe harbor for demo day communications under specific conditions. For current guidance, review Rule 148 on the SEC’s website or consult a securities attorney. Is a Demo
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General Solicitation: Can I Generally Solicit My Offering?
There is a lot of confusion in the early stage company ecosystem about general solicitation. When you are trying to sell shares in your company (or a convertible note, or convertible equity), how much can you say about that in the media? Can you post something on Facebook? On Twitter?
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New SEC Guidance on General Solicitation
Last Thursday the SEC issued guidance on what constitutes general solicitation. This guidance is helpful to companies trying to conduct Rule 506 offerings. Thanks to the JOBS Act, we now have two types of Rule 506 offerings. Those that cannot be generally solicited and those that can. This might sound