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  • Social Median Disregards 60 Years Of Securities Regulations With Sale Of Stock On Twitter
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Social Median Disregards 60 Years Of Securities Regulations With Sale Of Stock On Twitter

SocialMedian founder Jason Goldberg wrote a Twitter message moments ago letting people know that they are raising a new round of funding, up to $500k, and to contact him if you’re interested. Great way to get investors, right? Exactly not - the whole purpose of the Securities Act of 1933 is to prohibit public offerings [...]


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SocialMedian is Raising $500,000 … In 140 Characters or Less

We’ve seen Twitter used for a lot of different purposes, ranging from marriage proposals to play-by-play’s of child births. Today, we have what appears to be another first: a Web startup soliciting serious investment using the microblogging tool. Jason Goldberg, CEO of the recently launched social news site Socialmedian , tweeted that his company was “raising some more angel investment now. $25-100k/investor,...

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Twitter: A micro-financing vehicle?

Jason Goldberg, founder of aggregation service Socialmedian — and the controversial former CEO of Jobster — set off a bit of a hand grenade via Twitter today, when he posted a message saying that his company was looking to raise some money. The full text of his message (which he later deleted, but which is [...]

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SocialMedian Discovers a Totally New Way to Use Twitter for Business

We have already seen tons of things people do on Twitter to help their business - marketing people selling staff, community managers engaging in various activities with their users, startups providing technical support, bloggers hunting for scoops and promoting their articles. But Jason Goldberg, CEO of the recently launched to the public SocialMedian has found a new (and kind of unexpected) way to...

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Michael Arrington: S.E.C. Cop?

Sam Gustin notes an interesting dust-up unfolding on TechCrunch. A startup entrepreneur is in the hot seat after attempting to solicit angel investment via Twitter. Earlier today, Jason Goldberg, the founder of SocialMedian, a social news network in private beta, sent out a Twitter message saying, "socialmedian is raising some more angel investment now. $25k - $100/investor, up to $500k. Interested...

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Money of the Crowds: Crowdsourced Funding

The wisdom of the crowds has been put to use to do some awesome things already, such as create a huge encyclopedia (Wikipedia), and manage a mutual fund (Marketocracy). But what about the money of the crowd? It's being put to use as well.

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Crowd-funding your startup - and Social Net Worth

Matthew Ingram asks an interesting question about startiup funding, based on seeing a post on Twitter from the ex Jobster CEO trying to raise funding for his new startup: “socialmedian is raising some more angel investment now. $25k-$100/investor, up to $500k. Interested parties can contact me directly.” But raising money in this way is illegal - talkin' about raising funding on TechCrunch : Great...