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. 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. 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. Fernandez states, “hopefully one day some of these platforms will serve as a private IPO”.
Watch the video below.