Cyberfinance explores the tax, financial and legal considerations that must be addressed to get and keep new Internet-driven companies up and running. In practical and straightforward language, it examines the pertinent resources and techniques associated with the raising of capital for e-businesses -- i.e., firms using the Internet as a primary vehicle to marke ttheir wares to consumers or other businesses, firms using the Internet to create a marketplace for use by buyers and sellers, and firms providing Internet-related products or consulting services.
Capital-raising sources and procedures are explained in detail with separate discussions on the special financing concerns during the three main stages of business development -- start-up, growth and later-stage capital raising and capital harvesting (initial public offering and sale of the company).
While the focus is on obtaining financing for the e-business ventures, the book also lays a solid foundation to business startup by exploring the many considerations in choice of entity selection and organization, as well as the legal requirements and challenges for e-businesses based in securities law. This discussion creates a context in which the financing issues and techniques can be understood in their relation to the legal framework.