Sang Lee is CEO and Founder of Return on Change, an equity crowdfunding portal based in New York City. Recently he spoke at the Columbia University Business School about crowdfunding and shared some tips for entrepreneurs thinking about leveraging equity crowdfunding to access capital. His advice, in short? Get a lawyer. Watch below.
VIDEO: Sang Lee of Return on Change Shares Tips on Equity Crowdfunding for Entrepreneurs
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Reg A - Form 1-A Filings Beta
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025
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Number of Filings131Prior 125 +4.8%
Target Raise, Total$3.40BPrior $3.54B -3.9%
| This YTD | Year prior | Change | |
|---|---|---|---|
| Filings | 131 | 125 | +4.8% |
| Target raise | $3.40B | $3.54B | -3.9% |
Source: DisclosureQuest. Initial Form 1-A only.
Created by Crowded Media Group
This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.