Monthly Archives: May 2013

Crowdfunding – Faster! No, Slower!

Why do some folks think that Congress is bipolar? Maybe it’s because it’s putting pressure on the SEC to finalize the crowdfunding rules under the JOBS Act as soon as possible while at the same time considering requiring the SEC … Continue reading

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Will White Tackle Crowdfunding?

SEC Head Mary Jo White appears to be moving forward with finalizing regulations left undone by former chiefs Mary Schapiro and Elisse Walter. The Washington Post reports that yesterday, White appointed Keith Higgins of Ropes & Gray to head the … Continue reading

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Braff Leverages His Crowdfunding

Zach Braff, the star of the TV series Scrubs and the most recent Hollywood-type to crowdfund his pet movie project, has, on the basis of his Kickstarter campaign (now at $2.6 million from 38,797 backers with 8 days to go) … Continue reading

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

Company Man

Not sure if this story is true, but if it is, it’s pretty scary. Wired writes about a 30-year-old part-time entrepreneur named Mike Merrill who sold himself on the open market. He divided himself into 100,000 shares and set an … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Equity Crowdfunding Record Broken

CrowdCube said that it “has used its own platform to raise £1.5 million, for 21% of the equity,  in just three days from 259 investors. Existing investors met the initial funding target of £250,000 within the first five hours of … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Makes for Bad TV

Variety pans the new “crowdfunding” CNBC tv show “Crowd Rules,” saying “The particulars of “Crowd Rules” – an especially cheap gameshow, which is kind of amusing amid all the high-stakes finance on CNBC – are less interesting than the idea,… … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Is It the 5% or The Social Good?

Kickstarter has defended its position of allowing Warner Bros studios and Zach Braff to use their service to raise funds for their films notwithstanding their financial capacity to self fund production. Kickstarter maintains that its a tool for use by … Continue reading

Posted in Charity, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding the Crowd Funder

CrowdCube, which launched in February 2011,  is the first UK website authorized and regulated by the Financial Conduct Authority. It has raised over £6.7 million for 46 UK businesses and has over 34,000 registered investors making it one of the … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , | Leave a comment

Will The Donald Ruin Crowdfunding ?

Question of the day: Will crowd funding be able to survive the entrance of Donald Trump into the market with his new crowd fund “anything”? Is this for real or just another publicity stunt for the TV boss who likes … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding That Angers Canadians

I had to post this unusual article. It’s unusual because (i) it’s by an angry Canadian who (ii) says impolite things about rich Hollywood companies and actors that he believes are abusing the crowdfunding system that is meant for those … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment