Y Combinator’s Post-Money SAFE: Risks for Founders
Y Combinator, one of the most famed Silicon Valley startup accelerators, introduced the “Simple Agreement for Future Equity” (commonly referred to as the “SAFE”) in late 2013. Recognized within the early investment community for its...
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America’s New Beneficial Ownership Reporting Regime
On January 1, 2021, Congress enacted the Anti-Money Laundering Act of 2020 (the “AMLA”) to combat money laundering and terrorist financing by expanding the regulatory power of the Financial Crimes Enforcement Network (“FinCEN”), a financial...
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FTC Proposes Ban on Non-Competes
On January 5, 2023, the Federal Trade Commission released a Notice of Proposed Rulemaking to prohibit employers from using contractual terms with workers that prevent such workers from seeking or accepting employment from another employer...
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NHTSA Issues Updated Automated Driving Systems Guidance
The National Highway Traffic Safety Administration (“NHTSA”) of the United States Department of Transportation (“DOT”) issued Automated Driving Systems: A Vision for Safety on September 12, 2017 (the “2017 Guidance”). This 2017 Guidance updates and...
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