Podcast: Credit Funds: Hot Topics in BDC Regulation
Business development companies (“BDCs”) were created by Congress in 1980 to serve as closed-end, venture capital funds for retail investors by financing small to mid-sized U.S. private companies. Since about 2004, BDC...more
The Securities and Exchange Commission is proposing to expand the definition of “accredited investor” to include additional entities that could bear the economic risks of investment and certain financially sophisticated...more
Some interesting links we found across the web this week: The 20% Rule: The Guiding Principle for Startups This article from Forbes shares one founder’s advice to add 20% to certain parts of a business plan....more