Tagged: equity

October 21, 2013 @ 5:50 pm By Charles Luzar  |  

The SEC has just posted notice of a meeting under the Sunshine Act to weigh proposed rules for equity crowdfunding under Section 4(a)(6) of The Securities Act of 1933. This confirms the scoop earlier this week in Bloomberg, and also confirms the fact that the… Read More

October 21, 2013 @ 12:06 pm By Charles Luzar  |  

Simeon Burnett and Richard Allen are hoping that when equity crowdfunding becomes legal in New Zealand, which is expected in April of next year, that it will result in a snowball effect of successfully funded small businesses. That is the ethos behind their equity crowdfunding… Read More

October 20, 2013 @ 12:23 pm By Charles Luzar  |  

For the better part of a year we’ve been anticipating a report that was to be the product of a joint venture by thought leaders and researchers in the crowdfunding space, distributed and supported by The World Bank. That report, entitled “Crowdfunding’s Potential for the… Read More

October 19, 2013 @ 3:28 pm By Charles Luzar  |  

Only 11% of small business owners are familiar with crowdfunding as a means of capital formation for their businesses. That revelation comes via SBE Council President and CEO Karen Kerrigan, who shared the information via  a survey entitled “Entrepreneurs & the Economy Survey.” The survey… Read More

October 17, 2013 @ 6:55 pm By Charles Luzar  |  

Updated 10/18/13 @ 11:00 AM EDT Bloomberg is reporting that the SEC is preparing to vote on a rule that would allow crowdfunding investors to self-certify their own yearly crowdfund investing limits. The JOBS Act specifies yearly limits for investors participating in crowdfunded securities. According… Read More

October 16, 2013 @ 7:25 pm By Charles Luzar  |  

Offer Ongoing As Minimum is Reached. Georgia-based SparkMarket has announced the success of the first crowdfunding campaign on their equity platform. Bohemian Guitars has hit their goal of crowdfunding $100,000, raising money to grow their budding guitar-making business. SparkMarket is calling it a first in… Read More

October 12, 2013 @ 2:03 pm By Equidam  |  

Who, among the entrepreneurs reading this post, feels confident in explaining what an IPO is? Sure, you probably know the meaning: Initial Public Offering. You might know it is the process that brings companies to be traded in public stock exchanges. In a nutshell, via… Read More

October 10, 2013 @ 10:42 am By Charles Luzar  |  

In a seemingly random interview done on a taxi ride from Nazareth to Jerusalem, OurCrowd CEO Jon Medved shares some interesting statistics about his company. He says that OurCrowd is the largest equity-based crowdfunding platform in the world. We have now emerged as the world’s… Read More

October 8, 2013 @ 10:12 am By Charles Luzar  |  

We’ll be the first in Canada to allow it, but we expect other regulators to come along, and we think this is going to be something that takes hold in all of Canada. It’s something that I think has come along because of the rise… Read More

October 3, 2013 @ 9:48 am By Charles Luzar  |  

The Invest Georgia Exemption (IGE) is an intrastate crowdfunding exemption for Georgia’s businesses. Today SparkMarket launches in order to take advantage of this law and facilitate capital formation within the state of Georgia. The exemption allows participation in crowdfunding raises of up to $1 million… Read More

October 1, 2013 @ 9:55 am By Charles Luzar  |  

For entrepreneurs and investment professionals, opportunity lies where there is access to investors. It is a reality that has paid dividends for AngelList, especially in light of the recent release of AngelList Syndicates. AngelList focused on the network first. Now Title II and general solicitation… Read More

September 30, 2013 @ 12:34 pm By Charles Luzar  |  

South Korea has long had an interest in replicating the crowdfunding model. Only 2% of money invested in early-stage South Korean companies comes from angel investors. According to the Xinhua News Service, equity crowdfunding could be legal in South Korea as early as next year. This news… Read More

September 30, 2013 @ 12:14 pm By Charles Luzar  |  

UK-based Abundance Generation is a platform with an innovative spin on crowdfunding that focuses on renewable energy projects. In short, investors contribute as little as £5 in order to secure a portion of the long-term returns on a green energy installation. In practice, investors are buying debentures,… Read More

September 27, 2013 @ 10:43 am By Charles Luzar  |  

In May we tipped the start of Baratunde Thurston’s new crowdfunding-centric web series. Called Funded, the series is made up of five minute shorts that explore crowdfunding success stories. As of today there are five segments available. The five projects outlined are… Ouya: Ouya CEO Julie… Read More

September 12, 2013 @ 4:40 pm By Charles Luzar  |  

Today business insurance provider Hiscox released their fifth annual DNA Of An Entrepreneur report. The eDNA report is a global annual study of 3,000 owners or partners in small and medium-sized businesses in the United States, the United Kingdom, the Netherlands, Germany, France and Spain,… Read More

September 12, 2013 @ 12:11 pm By Charles Luzar  |  

MyNewFinancialAdvisor, Inc. (MFNA) recently completed an over-subscribed Series A round, raising $1.5 million in part via crowdfunding. “This was a pleasant surprise for us and we are very excited about the opportunity that this raise represents on several fronts. It validated our business model in terms… Read More

September 7, 2013 @ 12:56 pm By Charles Luzar  |  

Fundrise and Popularise Co-founder Ben Miller was recently on Bloomberg talking about the real estate niche of the crowdfunding space. He briefly hits on the current state of real estate funding and continues on to explain how crowdfunding will help drive capital into real estate… Read More

September 6, 2013 @ 11:42 am By Charles Luzar  |  

David S. Rose is CEO of Gust, a service that aims to work with equity crowdfunding platforms in order to “help integrate them into the larger angel/venture Accredited Investor financing ecosystem.” He’s also very active on Quora, with over 9,500 followers and 1,800 answers. Rose… Read More

September 6, 2013 @ 11:26 am By Charles Luzar  |  

Firefly Studios has launched a crowdfunding campaign on Gambitious for a third major installment of their popular real-time simulator series Stronghold. The game allows players to create and defend their kingdoms in real-time. Stronghold Crusader 2 is the game we have been wanting to make for… Read More

August 28, 2013 @ 11:06 am By Charles Luzar  |  

A recent blog post on TheCorporateCounsel.net corroborates our previous article that suggested crowdfunding rules would be proposed sometime this fall. However, the post also warns that the timeline for finalized Title III crowdfunding rules could stretch “well into 2014.” From the post… As this Washington… Read More