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Viewing profile — pmen

pmen

HN member
Joined
Thu, Dec 05, 2013, 11:15 PM UTC
HN karma
17
Public activity
5 items

About pmen

CTO CoinList. Co-founder @ Republic.co

Recent public activity

  1. comment
    Comment #12417442

    The Crowd Safe is designed to give investors the same economic outcome as shareholders, and doesn't cap upside upon conversion. If you're referring to the valuation cap (the only r…

  2. comment
    Comment #12417386

    You're right -- a company with $25M in assets and 500 unaccredited shareholders is essentially forced to go public. That's why traditional security instruments are poorly suited fo…

  3. comment
    Comment #12416971

    Companies raising under Title III file annual reports with the SEC. That said, public companies in which you own stock and private, early-stage startups have vastly different capac…

  4. comment
    Comment #12416885

    It sounds like you might be thinking of Title IV of the JOBS Act (Reg A fundraises, more details here: https://www.sec.gov/oiea/investor-alerts-bulletins/ib_regula... ), which are …

  5. comment
    Comment #12415797

    You raise some good points. The Crowd Safe is essentially a YC Safe (which in turn is a standardized convertible note) that gives companies control over when to convert, rather tha…