It takes a crowd to raise a startup *

USA - April 9 2012
While the general public eagerly awaits the initial public offering of Facebook, anticipated to occur in the next several months, select investors have been buying shares of Facebook for the last few years.

Co-authors: T. Hale Boggs, Paula Hufschmid.

SEC proposes rules to implement game-changing provisions for venture capitalists *

USA - December 8 2010
The Securities and Exchange Commission (the "SEC") recently proposed rules to implement changes to the Investment Advisers Act of 1940 (the "Advisers Act") required by passage of the Dodd-Frank Wall Street Reform Consumer Protection Act (the "Dodd-Frank Act").