Tagged: regulation cf

August 6, 2018 @ 7:49 pm By JD Alois  |  

“small businesses are still shut out from equity crowdfunding due to the current regulatory constraints.” Recently, a group of prominent small business advocates and crowdfunding industry insiders sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton. The group, which included representatives of… Read More

August 4, 2018 @ 3:34 pm By Ian Formigle  |  

Equity crowdfunding for startups was supposed to be a game-changer. The excitement began in 2013 when Title II of the JOBS Act gave individuals who met certain requirements for income or net worth—called accredited investors—the ability to invest in some types of assets that had… Read More

July 25, 2018 @ 7:37 pm By Samuel Guzik  |  

  Often repeated, but not always followed, is the advice: follow the money. Sometimes basic problems – and their solutions – are more readily understood (and solved) with this simple mantra. Effective capital markets are no exception. They demand faithful adherence to this principle. Lose… Read More

July 25, 2018 @ 12:20 pm By JD Alois  |  

Last week, Republic – a Reg CF crowdfunding platform founded by AngelList veterans – announced that it was celebrating its second birthday. How time flies. Republic announced its intent to enter crowdfunding sector as a FINRA regulated funding portal back in 2016 – the same… Read More

July 23, 2018 @ 5:03 pm By JD Alois  |  

In a letter forwarded to Securities and Exchange Commission (SEC) Chairman Jay Clayton, a group of Fintech leaders demanded the Commission to increase Regulation Crowdfunding (Reg CF) from the current $1.07 million max amount to $20 million – a substantial increase to current rules. The… Read More

July 20, 2018 @ 12:55 pm By JD Alois  |  

  EnergyFunders, a crowdfunding platform in the oil and gas sector, is raising capital on SeedInvest. The company has listed a side by side Reg CF – Reg D offering (accredited only) so the firm can raise beyond the CF cap. Under Reg CF, EnergyFunders… Read More

July 13, 2018 @ 11:00 am By JD Alois  |  

KingsCrowd, a startup that wants to become the “Morningstar of equity crowdfunding” is using crowdfunding to raise their seed funding round. The offer is posted on NetCapital and seeks a max raise of $106,999. The minimum is low at $10,000 – but two weeks into the… Read More

July 13, 2018 @ 10:18 am By JD Alois  |  

Reg CF is the smallest segment of the crowdfunding industry but it is also the securities exemption that was designed to cater to the smallest of businesses. Signed into law in 2012, Reg CF became actionable in May of 2016 and since that time has… Read More

July 6, 2018 @ 5:01 pm By JD Alois  |  

Dash Labs, a company that claims to make any car smart, is the most recent cross border offering listed on two separate crowdfunding platforms. Dash is currently seeking a raise of $4 million (min $750,000) at a pre-money valuation of $13.5 million. The offering is… Read More

June 13, 2018 @ 6:38 pm By JD Alois  |  

The JOBS Act of 2012 was create with the recognition of the importance of providing funding to early stage ventures and entrepreneurs. Access to capital can be really hard. This is even more true if you happen to live outside of prominent hotbeds of innovation… Read More

June 11, 2018 @ 6:08 am By JD Alois  |  

SAFEs or Simple Agreements for Future Equity are popular investment options for early stage startups that are not quite ready to peg a value on the company.  They are also commonly used on investment crowdfunding platforms. SAFEs typically represent an opportunity to purchase stock at… Read More

June 10, 2018 @ 11:19 am By JD Alois  |  

Republic, an investment crowdfunding platform that is mission driven, has published a new Diversity Report that recognizes the fact that “good ideas are universal – opportunity isn’t.” In the US, securities laws have been skewed to favor the wealthy (think of the current punitive definition… Read More

June 6, 2018 @ 10:07 pm By JD Alois  |  

The number of Reg CF crowdfunding platforms in the US continues to slowly grow with several recent additions. Last time we reviewed the number of FINRA approved investment platforms in March, there were 38 regulated sites. So what has changed? First, to update on what… Read More

May 27, 2018 @ 4:00 pm By JD Alois  |  

Republic, an investment crowdfunding platform that also participates in initial coin offerings (ICOs), had a couple interesting news items this week. First of all, its Coinvest offer sold out almost immediately – before Republic could even shoot an email out to its wider audience.. Coinvest… Read More

May 17, 2018 @ 7:39 pm By JD Alois  |  

Small Change was the first real estate crowdfunding platform in the US to use the Reg CF exemption to offer non accredited investors the option to invest in property online. Recently, Small Change has listed their first side-by-side Reg D 506c / Reg CF offering… Read More

May 13, 2018 @ 3:06 pm By JD Alois  |  

LegionM has filed a new Form C with the Securities and Exchange Commission indicating its intent to launch a new crowdfunding campaign to raise additional funding.  LegionM was the second project to leverage Reg CF to hit the $1 million funding cap (since raised to $1.07M) LegionM… Read More

May 11, 2018 @ 4:30 pm By JD Alois  |  

StartEngine posts a weekly blog update regarding the state of Reg CF (or Regulation Crowdfunding).  This is the smallest of the three crowdfunding exemptions and allows companies to raise up to $1.07 million. While the industry is still maturing, and expectations are for Congress to… Read More

May 8, 2018 @ 4:27 pm By JD Alois  |  

Wefunder, an investment crowdfunding platform, has recently launched a results page that highlights the performance of securities sold on its platform.  When reviewing the 2013-2014 vintage, Wefunder investments top Venture Capital funds – by quite a lot. According to Wefunder, unrealized net gains for the… Read More

April 16, 2018 @ 4:09 pm By JD Alois  |  

StartEngine, a full stack crowdfunding platform listing Reg CF, Reg D and Reg A+ offerings, has reported that Reg CF or “Regulation Crowdfunding” has now topped $100 million of successful funding (as of March 31st that number stood at $102.1M). There was an earlier report… Read More

April 16, 2018 @ 11:53 am By JD Alois  |  

Splash Wines, family-run direct-to-consumer wine marketing company, recently announced that first quarter 2018 profits increased by 139% over the same period in 2017. While still small, profits jumped from $19,854 to $47,033 on revenues of $2.1 million. Splash also said it beat its expectations for… Read More