Tag Archives: PBC

Crowdfund Leader Kickstarter Releases Its First PBC Report

In 2015, Kickstarter, the “rewards” (as opposed to equity) crowdfunding portal, re-incorporated as a public benefit corporation. Public Benefit Corporations have two goals: maximize value to its shareholders (Kickstarter is a privately held company) and consider and balance the impact … Continue reading

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

Kickstarter’s New Charter – No IPO?

Does the re-incorporation of Kickstarter as a public benefit corporation focusing on liberal causes telegraph to the investing public that it will not ever go public? Kickstarter announced that it has become a public benefit corporation. Under Delaware law, a … Continue reading

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