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The 99: How the SEC protects you from venture capital returns.

This is going to be BIG.

Take venture capital, for example. Very few are ever going to wind up in the former category--so the most accessible option for most investors would have to be a venture capital fund. First, you have to be an accredited investor--someone with a few hundred grand in income or a million to your name.

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10 Weekend Reads

The Big Picture

Oaktree Capital ). A legal scholar and a philosopher propose some alternatives. ( thru the company’s sale to Yahoo; angel investor Etsy + Tumblr. Wenger is the author of World After Capital , describing the shift to a Knowledge Age + its implications for businesses & society. So here it is. New Yorker ). •

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LighthouseAI Closes $4.6M Seed Funding

FinSMEs

LighthouseAI, a Los Angeles, CA-based company which specializes in compliance solutions for the pharmaceutical supply chain, raised $4.6M The round was led by Healthy Ventures and BluePointe Ventures, with participation from Eileses Capital, Bertelsmann Next, The Legal Tech Fund, and additional angel investors.

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Convertible? Equity? What kind of coin should you use to scratch off a lottery ticket?

This is going to be BIG.

The truth is, for most of you actually reading this, it simply doesn’t apply to you—similar to most of the prescriptive stuff about fundraising written by the top investors. Will this investor help you show prudence as a decision maker? Tags: Venture Capital & Technology. It’s a bit like dating. Was that entrepreneur unfriendly?

Startups 104
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Eudia Raises Up to $105M in Series A Funding

FinSMEs

Eudia, a Palo Alto, CA-based provider of an augmented intelligence platform for Fortune 500 legal teams, closed a Series A funding round for up to$105M.

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Augmetec Raises £2M+ in Seed Funding

FinSMEs

Augmetec, a London, UK-based legal tech startup, raised 2M+ in Seed funding. The round was led by Fuel Ventures, with participation from Swiss fund 14Peaks Capital, and a trio of angel investors. The company intends to use the funds to expand operations and its business reach.

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How I got here

SuperAngel.Fund

I recently passed the two-year mark since becoming a full-time “professional” angel investor, and I wanted to celebrate this anniversary by sharing more details with you about how I got here. To get it off the ground we needed outside capital, so I pitched everyone I knew or who was willing to listen. Happy Friday!