The inaugural Crowd Invest Summit continues to expand its roster of participants for the December event in Los Angeles. The conference organizers previously announced Robert Herjavec, founder of Herjavec Group and star of ABC’s Emmy Award-winning hit Shark Tank, will speak in a Fireside Keynote Chat. New keynote speakers include Top 10 LinkedIn Influencer James Altucher, along with featured speakers including Jason Paltrowitz of OTC Markets Group, Phil Nadel of Barbara Corcoran Venture Partners, Ron Suber of Prosper Marketplace, Tim Draper of Draper Associates, Dara Albright of Dara Albright Media and Forbes Contributor Devin Thorpe. OTC Markets has also signed up as a key sponsor.
OTC Markets has targeted emerging companies and new securities exemptions as key to their growth. Emblematic of this push is the story of Elio Motors. Elio raised $17 million in funding on StartEngine under Reg A+ (Title IV of the JOBS Act). After the crowdfunding round closed, Elio quickly listed its shares on the OTCQX market providing liquidity for investors.
Jason Paltrowitz, Executive VP at OTC Markets stated;
“We’re excited to support the inaugural Crowd Invest Summit. The JOBS Act and Regulation A+ have democratized capital raising, allowing small companies to leverage the power of the Internet and social media to raise capital and go public. The future of finance is here and it is online, data-driven and social.”
OTC Markets Group has recently advocated for the Securities and Exchange Commission to extend Reg A+ to include all SEC reporting companies thus opening a new path to raise capital.
“OTC Markets Group, like the other financial institutions, platforms, funds and service providers that have come on board to sponsor our event – is a testament to this growing new industry that has allowed issuers to raise capital more easily and efficiently,” said Alon Goren, co-founder of the Crowd Invest Summit.
The founders off Crowd Invest Summit include three veterans of the investment crowdfunding sector. Josef Holm of Krowdster, Darren Marble of CrowdfundX and Goren of InvestedIn, have each been pioneers in the internet finance sector.
