Manny Fernandez, co-founder and CEO of DreamFunded an equity crowdfunding platform, joined the hosts of CNBC’s squawk box to discuss the merits of investing in pre-IPO companies. The lines between “public” and “private” companies have become a bit blurred with new securities exemptions. Â Simultaneously, the internet has powered great efficiencies in driving value and opportunity for investors. Platforms like DreamFunded bring investment access to a far wider audience – even if you address is not on Sand Hill Road. CNBC Host Andrew Ross Sorkin questioned the degree of disclosure demanded of private companies and whether or not this is a good thing. Â Of course, this is a valid question for each investment crowdfunding platform but the opportunity for greater transparency may allow for improved investor scrutiny. Time will tell. Â Fernandez states, “hopefully one day some of these platforms will serve as a private IPO”.
Watch the video below.