Tag Archives: inflation

Crypto Petro Competes With Bolivar

As of Monday, the Venezuelan cryptocurrency, the Petro, became the “mandatory accounting unit” of the state oil company PDVSA. And that’s just in time, since the fiat currency of the country, the Bolivar, is now being used as toilet paper … Continue reading

Posted in accredited investor, balance, Banking, Banks, checkbook, Crowd Fund Act, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Funding Portals, insufficient funds fees, Jobs, Legislative Intent | Tagged , , , , , , , , , , , , , , | Leave a comment

In A First, Fiat Currency Tied To A Cryptocurrency

A sign of desperation or genius? Venezuela’s President Maduro, who is fighting against hyperinflation, has just done a major financial flip by tying the country’s fiat currency to the value of its “Petro” cryptocurrency. (Most “stable” cryptocurrencies are tied to … Continue reading

Posted in accredited investor, balance, Banking, Banks, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Investments, Jobs, Legislative Intent, review, technology | Tagged , , , , , , , , , , , , | Leave a comment

Petro Crypto-Currency Pre-sale Starts

What could be safer than a crypto-currency backed by a bunch of commodities that may still be in the ground and offered by an authoritarian government that is seeking to circumvent international sanctions? Welcome to the pre-sale of Venezuela’s Petro … Continue reading

Posted in accredited investor, balance, Banking, Banks, CFTC, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, deposits, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

SEC Increases Maximum Amount To Be Raised In Crowdfunding

The Securities and Exchange Commission yesterday announced that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation. Now, the maximum aggregate amount an issuer can sell under Regulation Crowdfunding in … Continue reading

Posted in accredited investor, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Dodd Frank, Film, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Issues Report on Definition of “Accredited Investor”

The Securities and Exchange Commission issued its “Accredited Investor” review report. The agency ┬áis contemplating: revising the financial thresholds for individual investors since the number of U.S. households qualifying as accredited investors has increased from approximately 2% of the population … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, Film, fraud, Funding Portals, Legislative Intent, Small Business, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Seed Valuations Inflated By Crowd Funding ?

What’s your company worth if it has no customers or revenues? Pitchbook, a data analysis firm, has found that “the median pre-money valuation for all companies at the seed stage has doubled over the last four years from $2.6 million … 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, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment