How Attracting VCs Online Can Attract Legal Headaches

By Nina Kaufman

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

attracting-vc-online-headache.jpgWith Foursquare landing $20 million in a recent venture capital funding deal, entrepreneurs are starting to ask, "Why not me, too?" Increasingly, they're turning to internet sites to attract investors who otherwise might never have heard of them. But is that a legally prudent way to go?

Using the internet to interest VCs in your business idea can gain you a lot of exposure. But it can also ensnare you in a legal net if you're not careful. There's the need to balance the increased "eyeballs" with concerns about confidentiality.

Plus, not phrasing the post carefully could run your company afoul of the many state and federal securities laws. Listen to this podcast below as we talk to Robert Bertsch, Esq., co-founder and CEO of RaiseCapital.com, on how to handle these thorny issues.



Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Related Topics

Starting a Business

This Retiree's Leisurely Side Hustle Makes $66,000 a Year and, 'You Don't Even Need to Go to High School to Do It'

Barbara Hill wanted a flexible, part-time job that would transition well into retirement. Now she mentors younger people who are making over $200,000 a year. Here's her insider's guide to getting started.

Business News

Who Owns The Rights to Your AI-Generated Content? Not, It's Not You. Uncover The Scary Truth That Puts AI Users At Risk.

The realization that copyright laws do not protect AI-generated material might come as a shock to many.

Business News

HP Wants You to 'Never Own A Printer Again,' Launches Rental Subscription

In February, HP's CEO Enrique Lores stated that making printing a subscription service was the company's "long-term objective."

Business Ideas

How to Start a Travel Service

With diverse options like corporate travel, niche travel and franchising, there are a number of ways you can put your love of travel to work.

Business News

IKEA Price Increases Are Going Viral — Here's How Much Your Favorite Couch Costs Now: 'Inflation Is Crazy'

A video with a customer complaining about "inflation" and "corporate greed" has racked up over 1.3 million views on TikTok.

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.