Report From SEC Small Business Advocate Details Capital Raising During Past Year

The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation today issued its 2021 Annual Report that details how entrepreneurs and investors are building companies together from startups to small public companies. “The past year has been a banner year for capital raising in the aggregate; however, that headline only tells part of the story,” said Martha Legg Miller, Director of the SEC’s Office of the Advocate for Small Business Capital Formation. “For every headline on a successful founder’s seed round or IPO, there are countless entrepreneurs who are struggling. Our report examines the challenges of navigating the inside baseball world of capital raising, bridging founders’ personal networks to sophisticated investors, building first-time funds in the middle of the country, or determining which exit path to pursue, and our team proposes solutions to each of these issues.” The SEC’s Office of the Advocate for Small Business Capital Formation was created…