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A comment on Selling Kiko: How Justin Kan sold his first YC startup on eBay.

Re:Selling Kiko: How Justin Kan sold his first YC startup on... by jayzee on Monday February 21, 2011 @01:44PM (#2246578)
Very well written and a lot of informative content!

But I had a question about general solicitation in connection with a private placement? Wouldn't selling your startup (shares) on ebay be in violation of SEC regulations?

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Re:Selling Kiko: How Justin Kan sold his first YC startup on... by justin on Monday February 21, 2011 @01:47PM (#2246592)
We actually sold all the assets (which was specified in the auction), not the actual company itself. The assets included the domain, code license and database.
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Re:Selling Kiko: How Justin Kan sold his first YC startup on... by patarnello_fra on Monday February 21, 2011 @03:50PM (#2247109)
Why would it be in violation of SEC regulation? So I guess there is not any case of a start-up that got funding through ebay, right?

Very interesting topic by the way...

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