Tagged: due diligence

Dragon Innovation To Launch Two New Features For Hardware-Related Crowdfunding Startups

Dragon Innovation

Dragon Innovation is a niche crowdfunding play aimed directly at servicing the funding needs of hardware-related startups. The platform has now announced two new upcoming features; one aims to place a Dragon Innovation seal of approval on internally vetted campaigns, and the other follows a strategy similar to those undertaken by other crowdfunding platforms. Dragon… Read More

CrowdCheck Rolls Out Bad Actor Report For Crowdfunding Issuers

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For crowdfunding issuers, a bad actor in the ranks could be the difference between a successful campaign and a nightmare scenario. Of course, it can be difficult to determine whether or not an individual is a “bad actor” by the SEC’s standards. This is where CrowdCheck wants to help. The due diligence service provider has… Read More

Venture News: FundersClub’s “Hacker News” For Finance Pros

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FundersClub just announced the release of a new social content channel called Venture News. The news aggregator aims to provide a hub of conversation and content for the world of finance. It works similarly to Hacker News, Y-Combinator’s tech news meritocracy. Users can sign up and pump links into Venture News. Other users can then come… Read More

CrowdBouncer Launches Accreditation Solution For Attorneys

CrowdBouncer Experts in Crowdfund Control

Buffalo-based crowdfunding compliance backend service provider CrowdBouncer has announced an addition to their portfolio of services. The addition targets attorneys and other individuals involved in the due diligence process phase of capital raises. The service provides a front-end user interface that aims to streamline the process of verifying investor accreditation. Using this service, individuals can manually… Read More

Crowdfunding Anonymously: Why It Doesn’t Work

Photo courtesy smemon on Flickr: http://creativecommons.org/licenses/by/2.0/

In traveling the country and fielding numerous requests from project creators – both current and potential  – certain questions have a tendency to pop up time and time again. One question that I get surprisingly often: can I crowdfund anonymously? It was echoed in a recent thread on the Kickstarter subreddit. I get why people… Read More

Canadian Law Firm BLG Cites Crowdfunding As Top Risk For 2014

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Canadian law firm Borden Ladner Gervais LLP (BLG) released a risk assessment for 2014. Crowdfunding makes the list at #2 on their list of the top ten business issues with legal implications for the new year. Entrepreneurs, access to capital and the crowd: The Canadian economy lives on the back of small businesses but the ability… Read More

Miami-Based EarlyShares Goes Live With Equity & Rewards-Based Crowdfunding Deals

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EarlyShares is a crowdfunding platform based in Miami, Florida. The operation is poised to be one of the leaders in the nascent equity crowdfunding space in the United States, and in light of the implementation of Rule 506(c) that took place in September the platform has now officially launched with a handful of live deals… Read More

#Crowdfunding News Roundup: November 16, 2013

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CrowdCheck Blog | Due Diligence: It doesn’t just protect investors Brian Knight of due diligence service provider CrowdCheck built upon a recent Crowdfund Insider article that explored the circumstances surrounding the Luci project on Kickstarter. Here he explains how due diligence can protect issuers and investors in crowdfunded offerings. Francis, Moran & Associates | Angel investors can’t sit… Read More

Collective: Square Enix, Indiegogo Launch Gamer-Focused Crowdfunding Initiative

square enix collective

In May we first reported on Square Enix taking interest in the crowdfunding model. On a Square Enix earnings call, Yosuke Matsuda had shared his interest in crowdfunding specifically as a means of market testing video games. At the time, Matsuda was thought to be next in line as President of the company. That was… Read More

Small Businesses Need A Seat At The SEC’s Table

securities and exchange commission sec

With the recent confirmation of Mary Jo White as Chairman of the SEC and Kara Stein, and Michael Piwowar as SEC Commissioners, the leadership of the SEC is undergoing significant changes that will affect public policy for years to come. It has been argued that White’s nomination and confirmation by unanimous consent can been seen… Read More

California Stock Exchange Selects EarlyIQ For Due Diligence Services

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The California Stock Xchange (Cal-X) and Cal-X Crowdfund Connect has selected San Diego-based EarlyIQ to provide enterprise management reports for use in vetting companies listed on the exchange. RELATED – From Main Street To Wall Street And Back: Cal-X Determined To Help Startups Succeed In partnership with MethvenLaw, Cal-X Crowdfund Connect helps guide companies through the… Read More

CrowdCheck’s Brian Knight Rebuts Rattner On Crowdfunding

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Recently Steve Rattner, founder of private equity firm Quadrangle Group, had some pointed criticism regarding investment crowdfunding. In a post on the New York Times, Rattner criticized the term “JOBS Act,” the loosening of restrictions on general solicitation, the definition of an emerging growth company and more. Brian Knight took to the Huffington Post today… Read More

A Framework for Due Diligence in Crowdfunding Marketplaces

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Monday’s article highlighted EquityNet, an accredited crowdfunding platform with technology positioned to make the due diligence process more efficient for investors. Raising a big question: what exactly is the role of due diligence in investment crowdfunding? What are the mechanisms? Who’s doing the diligence: the Crowd or the Platform? When in the process? And how? Fresh,… Read More