Rains

[Matthias Smith, CEO - Pioneer Capital Advisory LLC @SBA_Matthias]

Looking for a searcher/operator that wants to buy an HVAC business in Madison, WI or the surrounding area. I'll write the down payment check, will take 19% ownership, you'll get 81% and will have to PG the deal.

[Rains @rainsllp]

@GeorgePBeall @0xjackson Comes down to the nature of the business, customer retention post-acquisition and other factors.

[Rains @rainsllp]

@UjwalVelagapudi Depends on operational complexity.

[TABConf 8 - Oct 12-15, 2026, Atlanta @tabconf]

1️⃣ Legal Panel

Hear from @mshodl, @husseinb, @coinlawyer_ , and @dickerson_des about the legal challenges and opportunities in the world of #Bitcoin

https://t.co/TU4cZncFUA

[Rains @rainsllp]

Rains is partnering with @tranch_hq to allow clients to spread their legal invoices, up to $500,000, over 2 to 12 months.

With Tranch, clients can sign up in less than two minutes and pay one flat monthly fee.

[Rains @rainsllp]

The U.S. Copyright Office has issued a statement on works containing AI-Generated material

Full:

https://t.co/umMSVtRoSJ

[Rains @rainsllp]

Incredible work from @AngelList.

🙏🏻

[Sumukh Sridhara @sumukhsridhara]

We just built a product @AngelList to help startups impacted by SVB that need emergency capital:

- Standardized Loan Agreement Docs (temporary loan from investors) with online signing & funding.
- Built in banking access (if your company needs it)

DM me if you need access

[Rains @rainsllp]

@0xethlaw 💯

[Rains @rainsllp]

Investors doing legal diligence on a startup:

(Don’t be this startup.)

[Rains @rainsllp]

Does AI training infringe publishers’ copyrights? 🤔

[Techmeme @Techmeme]

Dow Jones' general counsel says OpenAI lacks a deal to use WSJ reporters' work to train its AI; source: CNN plans to ask OpenAI to pay to license its content (@gerryfsmith / Bloomberg)

https://t.co/Eh2r4LCkIL
https://t.co/EjxGPCphLq

[Rains @rainsllp]

@kkirkbos Absolutely

[Katherine Kirkpatrick Bos @kkirkbos]

Legal does not (& should not, & cannot) exist to eliminate risk. Legal exists to help the business understand & navigate risk.

[Rains @rainsllp]

@a16zcrypto Congrats to the new cohort 🙌🏻

[Nik Talreja @niktalreja]

Early-stage founders looking to hire their first lawyer may be overwhelmed by the choices and cost. Over my time at @Cooley, I worked with dozens of founders on countless transactions. Before you take the plunge, here are 4 things you should consider:

[Rains @rainsllp]

@P_Luca_LLE Claims can remain outstanding until if and when an infringing party is identified, potentially by other on-chain activity.

[Rains @rainsllp]

Are Bitcoin Punks legal?

Bitcoin Punks inscriptions on the Bitcoin blockchain, being a 1:1 copy of the exact CryptoPunk images licensed by Yuga Labs, appear to be infringing works under U.S. copyright law.

Read: https://t.co/FjyCGf51Ip

[Rains @rainsllp]

@Jason__Jesus @Kefas_1 A seller of a Bitcoin Punk profits from the IP.

[Rains @rainsllp]

@Kefas_1 You can also sell duplicates of Lion King DVDs, but you’d probably hear from Disney.

[Rains @rainsllp]

@Kefas_1 It's not that owning a "jpeg receipt" means exclusive use, it's that in this case the owner of the IP is using the blockchain to point to who it wants to assign rights to.

[Rains @rainsllp]

@Kefas_1 Funny enough, it actually does in this case.

Yuga Labs acquired the IP of the Crypto Punks from Larva Labs, and assigned rights to Crypto Punks holders via their terms: https://t.co/vjyj3RxLGp

[Rains @rainsllp]

It appears that holders of CryptoPunks have a claim against any seller of Bitcoin Punks for profits made.

👉🏻 https://t.co/0gZtOp8Qla

[Rains @rainsllp]

Are Bitcoin Punks legal?

Bitcoin Punks inscriptions on the Bitcoin blockchain, being a 1:1 copy of the exact CryptoPunk images licensed by Yuga Labs, appear to be infringing works under U.S. copyright law.

Read: https://t.co/FjyCGf51Ip