Tagged: accredited investors

November 4, 2013 @ 11:41 am By Charles Luzar  |  

Since 2006, Terrafugia has raised over $10 million from investors in order to design and develop the Transition, a flying car that is said to be market-viable and ready to deliver in 2015. The company is seeking $500,000 in additional investment on Wefunder to bring… Read More

October 31, 2013 @ 10:50 am By Sang Lee  |  

This article is contributed by Sang Lee (@rocsang), CEO and founder of Return on Change, the next generation’s investment crowdfunding portal (www.returnonchange.com). Follow Return on Change @rocspeaks for investment crowdfunding advice and updates. Recently, there has been a ton of news around the unanimous approval of the… Read More

October 31, 2013 @ 10:36 am By Charles Luzar  |  

Real estate crowdfunding platform Realty Mogul has announced their stats for the month of October, and the numbers suggest that things are looking up for CEO Jilliene Helman and her team. They crossed $8 million in total investments after announcing a $4 million total last… Read More

October 9, 2013 @ 9:50 pm By Charles Luzar  |  

In the wake of legalized general solicitation under Rule 506(c), some media outlets, individuals and pundits have shared information that is not accurate. See this infographic as an example, which appeared on Forbes. That isn’t to pick on Forbes or the creators of that infographic…. Read More

October 9, 2013 @ 8:37 pm By Charles Luzar  |  

It has been a busy week in the world of intrastate crowdfunding legislation. Yesterday we reported on Michigan introducing a crowdfunding bill. Yesterday the Wisconsin Assembly passed a similar bill. The bill will now make its way to the Senate. Thus far Wisconsin Governor Scott… Read More

September 25, 2013 @ 9:12 am By Charles Luzar  |  

Poliwogg is a crowdfunding platform for accredited investors specializing in emerging growth healthcare and life sciences companies. The platform has been on hold pending the lifting of the ban on general solicitation. As of September 23rd, the platform has announced that it has launched its online… Read More

September 24, 2013 @ 10:52 am By Charles Luzar  |  

AngelList has been testing a new feature called AngelList Syndicates. Synidcates allow accredited investors to pool resources, and the syndicator can charge a carry for value adds similar to many hedge funds and VCs. AngelList explains… Here’s an example. Sara decides to invest in a… Read More

September 10, 2013 @ 8:05 pm By Charles Luzar  |  

Point of Law is a great resource for digestible breakdowns of regulation and bureaucratic legal-speak. Today Jonathan B. Wilson published a great breakdown of Wisconsin’s proposed crowdfunding exemption this morning. One paragraph is of particular importance… In a strange twist, however, the Wisconsin bill would… Read More

August 21, 2013 @ 6:57 pm By Charles Luzar  |  

A new report from social networking site iCrowd has found that young wealthy investors are investing less of their portfolio in the stock market and more in alternative assets versus older investors. The survey confidentially polled a large sample of accredited investors – investors with… Read More

August 19, 2013 @ 8:30 am By Charles Luzar  |  

Front Page PR has announced the launch of a new “turnkey general solicitation marketing program” aimed at helping crowdfunding portals, broker-dealers and issuers market 506(c) offerings. Robert Hoskins, Front Page PR’s Director of Media Relations, is hopeful that general solicitation will help increase accredited investor… Read More

August 17, 2013 @ 12:12 pm By Charles Luzar  |  

In a comment letter submitted to the SEC, AngelList co-founder and CEO Naval Ravikant raises concerns over a proposed rule that would require startups seeking funding to file Form D 15 days before general solicitation takes place. In a nutshell, Ravikant expresses doubt that entrepreneurs… Read More

August 17, 2013 @ 12:02 pm By Charles Luzar  |  

FundersClub has become an invitation-only community in an effort to limit participation to experienced and able accredited investors. Those seeking access to FundersClub deals will now have to request an invite or receive one from an existing member. It seems to go against the ethos… Read More

August 16, 2013 @ 10:32 am By Charles Luzar  |  

Do you think the definition of “accredited investor” is flawed? Do you fail to see how net worth and yearly salary has a direct tie to the sophistication of an investor? Are you of the opinion that too few (or too many) of your fellow… Read More

August 14, 2013 @ 9:33 am By Charles Luzar  |  

Allegations by the Ohio Division of Securities reverberate through the entrepreneurial class & the crowdfunding industry Candace Klein has been an extremely visible figure in the world of crowdfunding. Beyond her role as CEO of lending-based platform SoMoLend, she is also the former chair and… Read More

August 7, 2013 @ 10:07 am By Charles Luzar  |  

SEC Formally Allows General Solicitation, or Advertising, for Certain Equity Offerings But Process to Accommodate is Still a Moving Target In the wake of Title II hitting the federal register, those active in the world of private placement securities are busy digesting the net effect… Read More

August 2, 2013 @ 9:24 am By Charles Luzar  |  

HealthiosXchange is a crowdfunding platform launching this month that focuses on the health care industry. It’s no secret that the health care industry is an important one here in the states. According to the US Census, the US health care sector as a whole garnered… Read More

July 31, 2013 @ 10:48 am By Charles Luzar  |  

Real estate news provider Inman News posted video of a recent panel where four real estate crowdfunding industry stakeholders discussed their platforms, the real estate niche and the power crowdfunding has to drive capital toward real estate investments. The four participants are: Jilliene Helman, founder… Read More

July 28, 2013 @ 11:11 am By Charles Luzar  |  

Daniel Gorfine is the Director of Financial Markets Policy at the Milken Institute. He has long been a balanced, pragmatic voice in the crowdfunding conversation, which is why his recent piece in Washington Monthly should be cause for concern. It’s important to note that the… Read More

July 24, 2013 @ 9:15 am By Charles Luzar  |  

EarlyShares Chairman and co-founder Stephen Temes was on Bloomberg TV in a segment entitled “The Future of Crowdfunding.” In the clip below, Temes examines the economic impact of Titles II and III of the JOBS Act. He also discusses the success that EarlyShares has had… Read More

July 22, 2013 @ 10:19 am By Charles Luzar  |  

FundersClub, an equity crowdfunding platform for accredited investors, has launched a referral program promising to pay out 10% of FundersClub’s carried interest to the FundersClub member who referred the company to the platform. FundersClub takes 20-30% carried interest on their listings, so 10% of their stake… Read More