Tag Archives: sale

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

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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

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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

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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

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The Law of Unintended Consequences

The Ohio Securities Division has warned of the potential “domino effect” in a crowd funded offering under the Crowd Fund Act. For example, if an issuer sells to an investor who has “over-invested,” every sale by the issuer is tainted … 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, States, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment