Life just got more complicated in startup land. While the U.S. Congress last year voted in the Jumpstart Our Business Startups (JOBS) Act to ease New Deal-era regulations on startups, the SEC has since loaded up the Act with even more regulations.
While these changes are unlikely to prevent the next great startup from getting funded, they may well ensure it's reasonably likely to get sued. Several of the industry's most prominent investors, from Mitch Kapor to Fred Wilson, are crying foul.
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