Betabeat published a story yesterday about the ways in which tech investors who write about private companies on public blogs might run afoul of SEC regulations. It focused, naturally, on Mike Arrington, who saw the post around 2 a.m. this morning and responded with this tweet:
“Screw that. Let me introduce you to the first fucking amendment to our constitution.”
Mr. Arrington failed to provide any links to the first amendment, but luckily, Betabeat had spent yesterday afternoon conversing with Prof. John Coffee of Columbia University, one of the foremost experts on securities law in the nation.
On the list of private tech companies that investors are eager to snap up on Second Market, Foursquare is hanging in some elite company. It currently ranks number six on the most watched list, behind billion dollar behemoths like Facebook, Twitter, Groupon, Zynga and LinkedIn.
In fact Foursquare ranks above Skype, which had flirted with Read More
Tech Bubble Watch
Gate Technologies is looking to shake things up in the booming field of secondary markets,announcing the acquisition of Infoexchange yesterday.
Companies like Sharepost and SecondMarket, Gate’s most well known New York competitor, rely on privately managed auctions, brokerages and trading specialists to set prices and transact the share of tech companies Read More