Possible Insight

On the Advice of Counsel…

with 8 comments

Yesterday, the attorney for my new company advised me that I should be careful about what I disclose to the public about the company’s activities.  The company operates in a highly regulated field.  Evidently, any open discussion of what the company does, especially of any offerings it may or may not hypothetically be considering, could be construed as a solicitation.

From an economics point of view, I think that such restrictions, however well meaning their original intent, tend to merely protect incumbents from competition.  Nevertheless, I obviously don’t want the company to get into any trouble.  Therefore, I have edited or redacted any potentially problematic revelations from these posts

If you have any questions, post a comment here and I will contact you privately.

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Written by Kevin

May 8, 2009 at 8:08 pm

Posted in Uncategorized

8 Responses

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  1. […] [REDACTED 05/08/2009: see here] […]

  2. […] Isn’t this plan still too soft? Personally, I think it is.  One could argue that the risk-reward ratio should be turned on its head so that it’s much less risky to start a new venture* which has huge value-upside and much more risky to take the helm of a established “blue chip” ship.  With this line of reasoning, simply requiring executive salary to be invested seems like too much of a freeroll to me; I’d like to see some real skin in the game and require the top execs to reach into their savings and buy lock-up stock as well.  But I’m happy to try the basic plan and see how it goes. * I’ve put my money where my mouth is on this one [REDACTED 05/08/2009: see here]. […]

  3. […] 27, 2009 by kevindick [EDITED 05/082009: see here] The majority of people I’ve talked to like the idea of revolutionizing angel funding. Among […]

  4. […] on May 8, 2009 at 8:08 pm On the Advice of Counsel… « The Emergent Fool […]

  5. I would thuroughly enjoy discussing this with you.

    Jesse

    January 12, 2010 at 7:58 pm

  6. […] 05/08/2009: see here] The majority of people I’ve talked to like the idea of revolutionizing angel funding. Among […]

  7. […] 05/08/2009: see here] We are finally ready to go semi-public with our revolutionary new angel funding concept!  For the […]

  8. […] 05/08/2009: see here] If you’ve been following my posts on the financial crisis (here, here, and here) and […]


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