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Learn about COPPA changes that may be coming

If your startup includes online products for children, you’re likely aware of the Children’s Online Privacy Protection (COPPA) Rule. Late last year, the Federal Trade Commission proposed a number of  changes to the policy, with the goal of shifting “the burden from parents to providers to ensure that digital services are safe and secure for children.”

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Creating a Startup While Employed: Important Things to Consider

After working as an employee for someone else, you want to take the leap and form your own company – great! But, understandably, you may not be ready to quit your day job and lose your steady stream of income. Before investing time and money into your startup, it is important to consider the interplay between your current job and the startup – namely, if there are things that could impact your ability to work for both (outside of not having more than 24 hours in a day). 

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Learn what the CTA means for your startup

The federal Corporate Transparency Act went into effect on the first of the year, adding new requirements for businesses to report details about ownership and control of their companies. The new law targets bad actors such as terrorists and criminals who hide assets in shell companies and by other illegal means. The CTA requires many businesses to file “Beneficial Ownership Information” reports, and there are specific requirements for companies formed after Jan. 1, 2024. To learn more about the new law and your obligations (or whether you’re exempt), read the blog post at O&A, P.C.

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What is a Cap for SAFEs and Convertible Notes?

Now that you’ve formed your business and you and your fellow founders are hard at work building your startup, if you are like most burgeoning businesses, at some point you will need an injection of cash to keep the lights on and the engine running.  But as founders of an early stage private company, you often have limited cash resources at your disposal. As such, your first foray into raising outside capital needs to be efficient and cost-effective.

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