Regulierung

SEC gives blessing to FundersClub, opens the door for more crowdfunding

The SEC just delivered a big gift to the nascent crowdfunding market by announcing that it would not pursue legal action against FundersClub, even though, technically, maybe, it’s breaking the law. FundersClub lets accredited investors put as little as $1,000 into startups, which list themselves on its website. FundersClub looks an awful lot like an investment advisory firm, but it’s not registered as such and thus isn’t making the same kind of disclosures that a normal broker-dealer would. FundersClub argues that it doesn’t actually provide any investment advice and never actually touches the money, merely acting…

Read more »

Small Businesses Sign the White House Crowdfunding Petition to Gain Access to Startup Capital and Create Jobs

Small businesses across America are being encouraged to sign the White House Crowdfunding Petition (http://wh.gov/vjao) to respectfully insist that the Securities Exchange Commission (SEC) expedite issuing Title II and III Crowdfunding guidelines. The Crowdfunding rules will provide access to investment startup capital, which is needed desperately by millions of entrepreneurs and small businesses that want to create new jobs. These businesses are ready, willing and perfectly positioned to create millions of new American jobs, but cannot get a bank loan to expand operations. Only 150 more signatures are needed to place the Crowdfunding Petition on the…

Read more »

Silicon Valley crowdfund event to mark JOBS Act anniversary

About a year after President Barack Obama signed the JOBS Act, the crowdfunding provisions of the legislation have yet to be put in place. But a Silicon Valley Crowdfund Expo and Conference has nonetheless been scheduled at the Sheraton in Palo Alto to mark the one-year anniversary of the law on April 4 and 5. The Securities and Exchange Commission hasn’t given any indication about if or when it is actually going to allow the general public to buy pieces of the startup action. Hundreds of companies have already registered domain names or set up preliminary…

Read more »

Startup America’s Steve Case on Crowdfunding and Immigration

You can change things from the top down or the bottom up. Or, if you’re AOL cofounder Steve Case, you can do both. In the top-down realm, Case is a member of the president’s Council on Jobs and Competitiveness. He rallied for the JOBS Act, which passed last year and will be opening up new avenues of funding to small businesses and startups. And Case is an advocate of better immigration policies for entrepreneurs. From the bottom up, Case heads up Revolution and invests in early-stage startups. He’s also the chairman of Startup America, which provides…

Read more »

Silicon Beach: Crowdfunding with Howard Leonhardt

Howard J. Leonhardt is a serial entrepreneur. In 1986 he founded WorldMed originally as an export trading company helping small manufacturers of cardiovascular medical devices to reach international markets and later (1988) as a developer, manufacturer and seller of original devices for treating heart and cardiovascular disease. Leonhardt has 17 U.S. patents for his inventions related to treating cardiovascular disease including; cardiovascular balloon catheters, artificial lung, a non-surgical placed heart valve, radiation catheters, specialized electronic pacemakers, biological pacemakers, cell delivery catheters, aortic stents grafts, stem cell treatment methods for heart failure and a method of converting…

Read more »

Equity crowdfunding coming, but rules still on the way

If you have a business that needs funding and you can’t get a bank loan, you can’t get venture capital and you’ve tapped all your friends and family already, don’t despair. Equity crowdfunding is on the way. We just don’t know when. A panel of locals discussed the topic Wednesday at the Muhammad Ali Center, during the monthly meeting of Venture Connectors, a Louisville organization that links entrepreneurs with the people who can fund their ideas. The panelists were William D. Dawson, manager of university commercialization for EnterpriseCorp; Mary Thorsby, owner of the corporate communications company…

Read more »

Crowdfunding boosters are not happy with Steve Rattner

In a New York Times column Monday, Rattner, a contributor to the Times’ Opinion Pages, took a swing at the JOBS Act, particularly the portion relating to crowdfunding.The law, signed last April, will soon allow regular investors an opportunity to invest in startups in exchange for company stock. Rattner called the law “the greatest loosening of securities regulation in modern history,” and said it will not actually create jobs as its name implies. In regards to crowdfunding, Rattner equated individuals investing in startups to more traditional forms of gambling: “For individuals, [equity crowdfunding] is pure folly.…

Read more »

What Entrepreneurs Need To Know About Equity Crowdfunding

The truth is crowdfunding for equity won’t be around till 2014. Accredited investors are the only game in town for security transactions. We are now getting our hunting gear ready. The more public message is that this is a more crowd funding like environment prior to ruling on the SEC rules where we circulate offerings to accredited investors. Accredited investors are the best “trial group” to solicit as FINRA and SEC would agree.

Read more »

Sec Chair Says Crowdfunding Coming “Soon”, But When Is That?

In a recent speech at the annual “SEC speaks” event, current Securities and Exchange Commission chair Elisse Walter placed the word “crowdfunding” immediately after the word “soon.” Well, that seems like progress. Of course, I could just be engaging in the time-honored tradition of over-parsing every word uttered by a beltway insider in search of clues about what’s going on inside the government. Here’s the complete sentence: “Soon, crowdfunding will bring the potential for a broader range of investors to provide private capital, although their investments will be and should be limited.” As most people that…

Read more »

Venture capitalists prepare for the impact of crowdfunding

The Securities and Exchange Commission has yet to introduce regulatory guidelines for equity-based crowdfunding, but that hasn’t stopped some of the region’s venture capitalists from contemplating how it might impact their business. Crowdfunding allows entrepreneurs to collect small sums of money via the Internet from everyday people who then become investors in their business. On its face, the practice seems to pose a threat to traditional venture capital firms that will face new competition for the best deals. That’s not necessarily the case, some say. Capital Business spoke with several local investors to get their take…

Read more »


Parse error: syntax error, unexpected ';' in /home/content/68/10442368/html/de/wp-content/themes/magazine-basic/footer.php on line 6