Background Note | HBS Case Collection | June 1984 (Revised July 1999)

Securities Law and Private Financing

by Howard H. Stevenson and Michael J. Roberts


Describes the issues an entrepreneur faces in the process of raising private funds, and the securities laws which impact the process. Based in part on a note by R.E. Floor of the law firm of Goodwin, Procter & Hoar.

Keywords: Entrepreneurship; Laws and Statutes; Private Equity; Financing and Loans;


Stevenson, Howard H., and Michael J. Roberts. "Securities Law and Private Financing." Harvard Business School Background Note 384-164, June 1984. (Revised July 1999.)