Alphabet Q3 2026: Cloud Revenue Doubles as Capex Outruns Cash Flow
Alphabet's Q3 2026 operating income rose 30% and Cloud revenue doubled, but $51.4B of capex topped cash flow, so free cash flow went negative $9.1B.
#capital-raising
Capital Raising
Capital raising strategies and investor accounting
Rules 147 and 504, Explained: How Small Companies Raise Local Capital Without Full SEC Registration
Rule 147 lets a local company raise unlimited capital from in-state residents only; Rule 504 allows up to $10M from anyone but keeps state filings.
Preferred Equity in Real Estate Deals, Explained: How the Pref Sits Between Senior Debt and Common Equity
Preferred equity sits between senior debt and common equity: a fixed 10–18% pref paid before common, with control rights but no foreclosure.
Stock Issuance and Offering Costs, Explained: Why Your IPO Fees Reduce Paid-In Capital Instead of Hitting Your P&L
Equity offering costs reduce additional paid-in capital, never earnings; debt issuance costs amortize into interest expense. Entries, authorities, and mistakes.
Liquidation Preference, Explained: Who Gets Paid First When Your Startup Exits
A 1x non-participating liquidation preference pays investors back before common sees a dollar — participating preferred double-dips on top.
Anti-Dilution Provisions, Explained: How Broad-Based Weighted Average Softens a Down Round
Broad-based weighted average reprices preferred stock partway to a down round's price; full ratchet resets it fully — founders absorb the difference.
Regulation A+ Tier 1 vs Tier 2: Raise Up to $20 Million or $75 Million From the Public Without a Full IPO
Tier 1 caps raises at $20M with state review and no audit; Tier 2 reaches $75M with preempted blue-sky laws, audited financials, and ongoing reports.
Regulation A+ Tier 2, Explained: How Your Company Can Raise Up to $75 Million From Anyone
Reg A+ Tier 2 lets companies raise up to $75M a year from anyone — if they file Form 1-A, pass a two-year audit, and keep reporting to the SEC.
Law Firm MSO vs. ABS: Two Ways to Take Outside Investment, and Why Illinois Just Drew a Line
An MSO lets investors own a law firm's back office; an ABS lets them own the firm. Illinois HB 5487 now curbs both for contingency-fee practices.
Startup SPVs Explained: How Special Purpose Vehicles Keep Your Cap Table Clean
An SPV pools many angel checks into one LLC and one cap-table line; backers pay 10–20% carry plus setup fees, and the lead votes the whole block.
West Virginia Just Unlocked $100 Million in Growth Capital for Local Employers: Your Guide to the WV First Small Business Growth Act
West Virginia gives insurers a 60% premium-tax credit for backing growth funds that invest in local employers with fewer than 250 staff.
The SBA's 2026 SBIC Overhaul: A New Funding Lane Beyond Banks and Venture Capital
The SBA's SBIC rule effective February 2, 2026 opens a $53B program to manufacturers and suppliers — debt from $250K to $10M at 9–16%, equity from $100K to $5M.