On September 20, 2013, Sidley partners Hank Barry and Thomas Kim led a discussion on the recent implementation of the Jumpstart Our Business Startups (JOBS) Act in the Palo Alto office.
Thomas led the SEC’s July 2013 rulemaking under the JOBS Act as the Chief Counsel and Associate Director of the SEC’s Division of Corporation Finance.
Thomas and Hank discussed how the various JOBS Act provisions (SarbOx Section 404 relief, crowd funding, lifting the ban on general solicitations, etc.) would affect how angel investors, venture and private equity funds and their portfolio companies raise money. The event was attended by various members of the investment, venture capital and startup communities.