Generally, a VC transaction must be done in accordance with.

applicable state law

SEC Regulation K

SEC form S1

federal law only

Based on funding stages how common is it for a company to lose money during the early stages of its life cycle?

It happens every single timeno exceptions.

Fairly common.

It never happens.

It happens less than 1% of the time.

Which SBA loan program offers general business loans for small businesses through normal private sector commercial lenders? (The SBA simply guarantees the loan.)

Specialized 7(a) Express and Pilot Programs

SBA Now

7(a) Loan Guaranty Program

SBA Express