Subject: File No. S7-06-13
From: Brendan B Baker
Affiliation: Greylock Partners

August 16, 2013

While I do believe that standardizing startup disclosure is an important part of improving access to early stage capital, several requirements are off the mark in the fluid world of fundraising. The requirement to update the SEC on changes in terms is onerous, and the requirement to include boilerplate every time they talk about fundraising publicly is completely at odds with the way people and companies are seeking support and capital through new platforms.