The Future of Crowdfunding Panel at Startup America LIVE SXSWi13 Startup America chairman Steve Case, Sen. Mark Warner, Crowdfund Capital Advisors’ Jason Best, SoMoLend’s Candace Klein, and IndieGoGo’s Slava Rubin talk about the benefits and legal hurdles of crowdfunding.
Read more in: General News | Tagged candace klein, crowdfund capital advisors, indiegogo, jason best, mark warner, slava rubin, somolend, steve case
… It would be one thing if the SEC were painstakingly crafting rules to prevent fraud and investment bubbles, they add, but instead turnover at the top has kept commissioners sitting on rules that were drafted five months ago and due for release at the end of last year under the terms of the JOBS… Read More
Read more in: Opinion | Tagged candace klein, jobs act, sec, somolend
Google’s stake in Lending Club could signal future dominance of P2P and P2B lending in the crowdfunding space.
Read more in: Crowdfunding Portals, Featured Headlines | Tagged candace klein, data, debt, google, google glass, jonathan sandlund, lending, lending club, somolend, the crowd cafe
Commencing this week in Los Angeles is the annual Global Conference, sponsored by the Milken Institute. The event covers a diverse list of global issues – including crowdfunding. The conference began in 1998 and has grown over the years from 700 attendees to this years expected 3000 plus. Luminaries and industry magnates converge on this four… Read More
Read more in: Crowdfunding Portals, General News, Politics | Tagged angellist, babak nivi, benjamin miller, candace klein, chris brummer, danae ringelmann, daniel gorfine, fundrise, indiegogo, milken, somolend
SoMoLend CEO and Founder Candace Klein is traveling to several locations across the country this spring to educate small businesses and investors on crowdfunding in response to an increased demand for knowledge. “The demand is escalating for information on alternative access to capital, the ability to increase personal wealth, the state of regulatory affairs and… Read More
Read more in: Crowdfunding Portals, General News | Tagged education, events, somolend
Candace Klein, CEO and Founder of Somolend, explains how crowdfunding may work for small businessses.
Read more in: Crowdfunding Portals, General News | Tagged candace klein, peer to peer, somolend
SoMoLend Holdings, a debt-based crowdfunding platform, announced today it has closed its $2.18 million seed-stage-funding round with the latest investment of $400,000 from QED Investors in Alexandria, Va. The investment will be used to further enhance the software platform, including the addition of social networking features, as well as expand marketing and customer acquisition efforts… Read More
Read more in: Crowdfunding Portals | Tagged candace klein, qed investors, somolend
About a dozen crowdfunding and venture capital representatives and small-business advocates last Tuesday urged Securities and Exchange Commission Chairman Elisse Walter to propose rules for crowdfunding. A type of financing that lets small investors buy equity or debt in startups over the Internet, crowd funding is among several provisions of the Jumpstart Our Business Startups… Read More
Read more in: General News, Politics | Tagged candace klein, crowdfund capital advisors, elisse walter, jobs act, mary jo white, sec, sherwood neiss, somolend
CODY — According to the Federal Reserve, there are 27 million businesses that need capital in some form, but 23 percent of those businesses never even apply for funding because of “fear of rejection.” The fears are justified in today’s structure. About half of all businesses that do apply for funding get shot down. In… Read More
Read more in: General News | Tagged candace klein, somolend
Crowdfunding is not just about creating jobs, it is about creating jobs for the right people. In April of 2012, President Obama signed the JOBS Act into law, authorizing crowdfunding of equity and debt for the sake of creating jobs. The more time I spend studying crowdfunding and working with the leaders in the crowdfund… Read More
Read more in: General News | Tagged candace klein, somolend
As an entrepreneur, Candace Klein, founder and CEO of SoMoLend, knows the pain of being on the hunt for money when it’s scarce. While things have loosened up a bit since the financial crisis began, financial institutions, such as banks, are still tight-fisted. When an entrepreneur sees a problem, she also sees opportunity. So it… Read More
Read more in: Crowdfunding Portals | Tagged candace klein, debt, lending, somolend
Last week, influential crowdfunding advocates pleaded with interim Securities and Exchange Commission Chair Elisse Walter to move a set of rules for legislating last year’s Jumpstart Our Business Startups Act into the required 90-day comment period. They feared that the appointment of a new head would further delay the long-awaited legislation that many startups are banking on to launch their businesses…. Read More
Read more in: General News, Politics | Tagged candace klein, cifra, mary jo white, sec, somolend
I often write about the brave and innovative entrepreneurs in Texas, but that is only because they are working overtime to lead by example in the startup community. We have a history of strong and successful leaders who paved the way for the future of our nation. Texas companies have made it a habit to… Read More
Read more in: General News | Tagged candace klein, cfpa, chris camillo, crowd of angels, crowdfund texas, crowdfundtx, doug ellenoff, earlyshares, heather lopes, somolend
For Jen Barnett, winning two business-plancompetitions was about more than just prize money and bragging rights–it made the difference between launching her company and not. In July 2011 the Birmingham, Ala.-based web and marketing strategist and her partner, web designer Sam Brasseale, won the incubate!(bang) business contest with their idea for a marketplace for fresh,… Read More
Read more in: General News | Tagged candace klein, somolend
RYAN CALDBECK was stumped. A director at a private equity firm, he was taking part in a panel discussion at a consumer goods conference last summer in New York when an entrepreneur raised his hand with a question: Where could a young company with just a few million dollars in sales go for money to grow. Mr…. Read More
Read more in: General News | Tagged boost funder, candace klein, circleup, clayton christensen, jobs act, kauffman foundation, private equity, rory eakin, rose park advisors, ryan caldbeck, sec, slava rubin, somolend, wr hambrecht
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