Steve Rattner, former Obama “Car Czar” and prominent financier, recently wrote an article in the New York Times denouncing the JOBS Act as, “a hodgepodge of provisions that together constitute the greatest loosening of securities regulation in...
PR Web (press release) Female Entrepreneur Takes the $2.8 Billion+ Crowdfunding Industry by Storm PR Web (press release) Tess Hottenroth traded the operating room for the board room and joined the small number of female executives who have founded...
Although regulations permitting equity crowdfunding are months away, now is the time for investors and start-ups to prepare for equity crowdfunding, according to Sherwood Neiss, co-author of the new book “Crowdfund Investing for Dummies. ” “I think the book’s timing is perfect,” said Neiss said. “This gives entrepreneurs ample time to read and prepare.”
A. Brian Dengler's insight:
My new article is up on the Crowdfunding Professional Association site.
Washington, D.C., April 2, 2013 — The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.
Fundraising by getting small donations of money from a large group of people, what’s called crowdfunding, is a very different animal than getting access to capital at a bank: your story matters... (Raising Money Through #Crowdfunding?
''Is angel capital an attractive asset class? Is the crowd capable of being good investors, willing to spend 20-40 hours doing due diligence per investment? These are critical questions to help determine just how big equity crowdfunding will become, right? I say no.
Successful startup investing is way too hard, and the wisdom of the crowd is way too useless if not destructive (in this case at least). For equity crowdfunding to become a mainstream activity, these questions don’t need to be answered, they need to be removed from the equation.
That’s why the crowdfunding platforms themselves prospect the deals, decide whether they’re attractive, and negotiate the terms. The crowd only sees investment in committee-approved, neatly packaged and pre-negotiated deals.''
Why will people participate in investment crowdfunding — what will motivate them? The beauty of this foundational question is that if posed to a thousand random people, one will receive a thousand different answers.
Washington, D.C., March 15, 2013 — The Securities and Exchange Commission today published a guidance update from its staff to clarify the obligations of mutual funds and other investment companies to seek review of materials posted on their social media sites.