Capital-Raising Building Blocks

 Ready to Raise CAPITAL

 How do I know when I am ready to raise capital from investors?

 Types of Securities

  What different types of securities are issued to startup investors?

 Private companies and the SEC

 What does the SEC have to do with my private company?

 Offering Pathways

 What pathways are available to raise capital from investors?

 General Solicitation

  What is general solicitation?

Integration

What is “integration” and why does it matter?

Broker-Dealers

What is a broker-dealer?

Form D

What is a Form D and how do I file it?

Consequences of Noncompliance

What happens if a startup does not comply with securities laws?

Types of Investors

What are the differences in friends and family, angel investors, and venture capital funds?

Accredited Investors

What is the role of accredited investors?

Private Funds

How do private funds provide capital to early-stage companies?

Starting a Private Fund

What do I need to know before starting a private fund?

Diversifying Risk

How do early-stage investors diversify risk?

Exits Strategies and Liquidity

How do startups “exit” or provide liquidity to investors?

Raising Later-Stage Capital

I’ve raised early-stage capital. What comes next?

Private Secondary Markets

What is a private secondary market?

Public Companies

What does it mean to be a public company?

Ready to Go Public

How do I know when I am ready to take my company public?

Types of Registered Offerings

What are the differences in an IPO, a SPAC, and a direct listing?

Have ideas, suggestions, or questions we should answer? Email smallbusiness@sec.gov.