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SEC's angel rules could hurt, not help, start-up firms

August 12, 2013View for printing

Imagine this scenario: An angel investor hears or reads a pitch from XYZ Software, a local start-up company. He expresses interest in investing in return for a share of the company.

Jane App-head, one of the company's founders, says her team would be happy to talk...but the federal Securities and Exchange Commission first requires a little paperwork. That includes a mix of the following:

Tom Still

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