Robert Herjavec, founder of Herjavec Group and star of ABC’s hit series Shark Tank, will be presenting a “Fireside Keynote Chat” at the forthcoming “Crowd Invest Summit” scheduled for this December. The two-day equity crowdfunding conference has also upgraded their venue to accommodate demand. The Crowd Invest Summit will now take place at the Los Angeles Convention Center.
The Crowd Invest Summit was the creation of three investment crowdfunding leaders, Darren Marble, Alon Goren and Josef Holm. The event is designed to boost awareness and share information about the transformative changes in US securities rules. Smaller investors may now invest in early stage companies while entrepreneurs have new avenues to raise capital to grow their businesses.
“The ability to invest in private companies is both a privilege and risk,” said Marble. “While early investments in the right companies can lead to big returns, retail investors need to understand how to effectively analyze deals to mitigate their losses. We are honored to have Robert Herjavec speak at The Crowd Invest Summit and are eager to have him share his investment strategies with our attendees.”
Prior to the JOBS Act, only accredited investors – those with income of $200,000 per year individually ($300,000 with a spouse) or a net worth of over $1 million – could legally invest in private companies. Now, for the first time in more than 80 years, anyone over 18 globally is able to invest. The Crowd Invest Summit founders point to the opportunity intrinsic to early stage investing. A recent study by the Kauffman Foundation stated that angel investments in a diversified portfolio have returned an average of 27% internal rate of return (IRR).
Marble explained they envisioned a “mainstream crowdfunding conference” by catering to people who will ultimately fuel its growth;
“We cannot think of a better ambassador than Robert Herjavec to help us fulfill our mission and we are thrilled at the incredible demand for this event.”
Holm said Herjavec is not just a shark but a business icon.
“We have a real desire to educate everyday Americans and help them evaluate new investment opportunities made available through equity crowdfunding. As with those who are planning to attend our event, we cannot wait to hear what Herjavec has to say.”
Goren said that when people watch Shark Tank they imagine themselves being able to invest. Now they can.
“Today, they no longer have to imagine this scenario. They can actually do it. Who better to educate the crowd about deal making and investing than Herjavec, one of North America’s most recognizable and successful investors?”
The JOBS Act was signed into law in 2012. The legislation now allows issuers the ability to advertise and accept debt and equity investments online.