Tag Archives: sale

In-State Crowdfunders Get Guidance From SEC

A number of states have now enacted intra-state crowdfunding laws that comply with the federal exemption under the Securities Act of 1933. The SEC staff recently posted an interpretation that says that issuers can use their websites to limit the … Continue reading

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

Crowdfund Up to $2 Million Soon In DC

The D.C. Department of Insurance, Securities and Banking today issued proposed rulemaking that seeks to facilitate crowdfunding-type investments and encourage capital raising opportunities by D.C. residents for D.C.-based small businesses. To qualify for the exemption, the business must be organized … 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 | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunders Dream of VC Returns

Startups can be profitable if you can pick the right one. TechCrunch has found that “the average successful US startup has raised $41 million and exited at $242.9 million.” (Note the term “successful” as most are not). Other stats it … Continue reading

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

Crowdfunders Need More Angels

Crowdfunders ¬†should note certain Angel investing facts (2012): 268,160 active angels; $341,800 average deal size; 21.8% Angels are women; top 3 investment categories: software, health and retail; it takes about 7.35 years to achieve a liquidation event in an IPO; … 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

You Believe Me, Don’t You?

The regulatory trade-off made by the SEC in permitting issuers to advertise a private placement was to have them take reasonable steps to verify that the purchasers are, in fact, “accredited investors.” In today’s Wall Street Journal, an op-ed writer … 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, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

State Crowdfunding Exemptions – Useful or Useless?

Two states (Kansas and Georgia) now have “crowdfunding” regulatory exemptions and two states (Washington and North Carolina) are contemplating legislation. However, the ability to use the exemption, at least in GA, may be very restricted. GA’s statute (590-4-2-.08) exempts issuers … Continue reading

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

Can VCs and Crowdfunders Coexist?

At the SXSW festival, AOL founder and serial entreprenuer Steve Case says “yes.” There, he endorsed crowdfunding as a way for companies in regions of the US not well served by venture capitalists to find capital. This local validation will … 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, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment