Monthly Archives: July 2012

Get Paid to Invest!

Crowd funders can get paid to invest! Almost half the states in the U.S. have some form of tax credit for “angel” investors. For example, Connecticut will give you a 25% credit up to $250,000 (ie, a direct decrease in … Continue reading

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A VC’s Take on Crowd Funding

The Crowd Fund Act has given rise to the theory that the venture capital world believes that it will be bad for business. Todd Hixon of New Atlantic Ventures blogged his views, which include: (i) crowdfunding will bring more money … Continue reading

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Keys to Successful Crowd Funding

Important new academic study of crowd funding by Ethan Mollick of the Wharton School suggests that: (i) investments are drawn to higher quality projects; (ii) project failures happen by large amounts, successes by small amounts; (iii) high quality projects attract … Continue reading

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SEC Progress So Far

The SEC’s Division of Corporation Finance spoke at the Society of Corporate Secretaries on 7/14 and noted with respect to the JOBS Act: (i) the SEC is trying to do all of it at once, working “flat out” –  implementation … Continue reading

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Crowd Funding Privacy Concerns

One implication of the Crowd Fund Act is that if you are raising under $100,000 you can merely provide to potential investors tax returns as “financial statements.” However, at that level, entrepreneurs may want to consider having “reviewed financial statements” … Continue reading

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Crowd Funding to Help

A new crowd funding site has been established to help the victims of the Aurora, CO movie theater massacre.* http://start.ac/aurora-relief-fund *(No endorsement intended).

Posted in Charity, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, SEC, Small Business | Tagged , , , , , , , , , , , | Leave a comment

Will Crowdfunding Usurp the Studios?

The Hollywood trade newspaper Variety has a lead article today asking “Will Crowdfunding Usurp the Studio Biz-Where’s There’s a Niche There’s a Pitch as Auds Pay to Create Content.” Although the films described are small by Hollywood standards, the article … Continue reading

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Where Are the Brokers?

A recent survey by BDO USA indicates that investment bankers think that the JOBS Act will increase the risk of a financial scandal but will also create more IPOs. In a related story, it was reported that SEC is asking … Continue reading

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Rumor Mill

Rumors are floating around Washington, DC that the SEC may introduce proposed crowd funding regulations at the SEC’s open meeting on Wednesday, August 22, 2012. http://sec.gov/about/upcoming-events.htm

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Head Counting

While the JOBS Act has increased the number of shareholders that will require registration under the Securities Exchange Act of 1934, private companies must now divide their shareholders into “accredited” and “non-accredited.” Sec. 501 of the JOBS Act requires registration … Continue reading

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