‘Social Capital’ Category

News or Illegal Securities Solicitation – Be Careful with Press Releases

News or Illegal Securities Solicitation – Be Careful with Press Releases

One of our clients recently reached a significant milestone, and wished to share the news broadly with a press release.  The client, a fund for investments in small businesses in the developing world, had just completed a first round close of historic proportions.  The size of the closing represented an important achievement in the social [...]

Continue Reading —›
Stuff Those Stockings With Small Business Stock!

Stuff Those Stockings With Small Business Stock!

About this time last year, we let you know about a limited-time tax incentive for making certain stock investments.  Under the Small Business Jobs Act of 2010, there was a 100% exclusion from federal tax for any capital gains realized from certain investments in “qualified small business stock” made between September 27, 2010 and December [...]

Continue Reading —›
Don’t Wait for the Crowd — Legalization of Crowdfunding Could Take a While

Don’t Wait for the Crowd — Legalization of Crowdfunding Could Take a While

Crowfunding – raising money online to finance something – has obvious appeal in this era of social media and rapidly expanding Internet penetration.  For companies seeking to raise investment dollars, however, crowdfunding is largely unavailable as a tool to attract investors based in the U.S.  Crowdfunding is currently impractical in the U.S. because all securities [...]

Continue Reading —›
Don’t Give Up on Microcredit

Don’t Give Up on Microcredit

After a deluge of bad press, corporate buyouts, and over ambitious mistakes, microfinance’s own credit score took a serious hit over the last 18 months. It’s important to remember however, that any innovative program is only as successful and impactful as its directors are thoughtful and present. Despite discouragement from all directions, Liga Masiva, an [...]

Continue Reading —›
Time to Rethink “Exits”

Time to Rethink “Exits”

I spent the first 12 years of my career working predominately with technology companies that were either funded by venture capital or seeking to be funded by venture capital.  From a technical standpoint, the transition to working with social enterprises and impact investors was easy because the financing documents, for the most part, were exactly [...]

Continue Reading —›