While large amounts of pooled capital continue to be invested in startups, the legal, tax and regulatory environment continues to evolve. Many entrepreneurs and investors pool their capital into vehicles designed to invest in startups. Others form funds to manage investments by other passive investors. Join us as we discuss the complex web of legal, tax and regulatory requirements for forming and operating a fund. Two Silicon Valley attorneys will discuss the nuts and bolts of forming an angel or venture fund, including: 1) Types of investment funds designed to invest in startups 2) Typical investment fund terms 3) Various ways of structuring the distribution waterfall 3) Special tax rules applicable to fund managers (and some related tax issues on the investors side) 4) The federal and state registration requirements for fund managers; Securities law issues for funds 5) Special considerations for foreign investors in funds 6) CFIUS considerations for funds with foreign investors and more!