Ep. 059 – Interview with N.C. Securities Division Specialist Leo John, Part 1

SIB-Blog-4One of the most important things for any fledgling entrepreneur to understand is how to build a positive relationship with the state business agencies. Knowing the rules and regulations will prevent countless future headaches, from legal costs to licenses. For a company seeking investment and outside funding, knowing the rules can prevent outright catastrophe.

In this episode, host Tom Ryan interviews Leo John, a Legal Specialist for the Securities Division of the N.C. Secretary of State. Leo provides a wealth of insight, from the value of retaining a securities attorney early in the process to the future of investment crowdfunding in North Carolina. As always, Tom is joined by co-host Jason Pyles.

• Introduction, and introduction of guest Leo John

• Leo’s background

• N.C. Secretary of State’s role in investment outreach and investor protection

• Legal tips for new entrepreneurs

  • Risks of sole proprietorships
  • The value of hiring a securities attorney

• The basics of crowdfunding in N.C.

  • Donation-based crowdfunding
  • Pre-purchase crowdfunding
  • Investment crowdfunding
  • Intrastate exemptions for investment crowdfunding

• Securities Division’s planning for investment crowdfunding

• Sign off, and ways to contact the show

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