Isn't he risking coming up against SEC regs for public solicitation of investors? I'd want to get a good legal opinion, especially since Tweets are public records and preserved in multiple places including our social media warehouse. You can get in a lot of trouble if you're not careful about this.
GabyN
· 1 year ago
Whether Jason Goldberg was aware of any wrongdoing when he made those comments on Twitter or not, I cannot affirm since I´m not completely familiar with SEC regulations, but it seems that he's gotten more publicity from the whole debacle than from the tweet itself. If he indeed did something he shouldn't have the company may suffer as investors probably won't want to fund the venture. If not, it seems like it was a great way to get people interested in the startup. Lots of talk generated from just one little tweet.
seems like Jason was genuine about it, though it's a bit surprising he wouldn't be familiar with the rules (if they really apply to this tweet) given he was previously CEO of Jobster, which raised a ton of money. But, he is doing things much differently with Socialmedian so far - it's just him and a team of overseas programmers he is paying.
Jason Goldberg
· 1 year ago
We've had several of our users previously ask us if they could invest in socialmedian. The tweet was intended to let those people know that we are now considering investments from qualified investors. My mistake was in the wording of the tweet. The intent was good and fine.
Svetlana Gladkova
· 1 year ago
I think the problem here is that we think that web 2.0 business is something of a large playground and often forget to think about serious issues like legislation when we can simply achieve our goals on social media sites.
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