A wave of financial innovation and regulatory reform is revolutionizing Wall Street and popularizing new asset classes aimed at democratizing the flow of capital and giving smaller investors and businesses greater opportunities to prosper. As a result, the financial services industry is undergoing a dramatic transformation that is rapidly rendering traditional banking and brokerage revenue models obsolete, conventional capital raising strategies unfeasible and typical asset class returns negligible. This is a must-view presentation for all broker-dealers, investment bankers, financial advisors, issuers and investors looking to capitalize on this surge of industry disruption. This presentation helps prepare investors, asset allocators and issuers for the forthcoming Crowdfunding Revolution. It is loaded with the latest financial and legal knowledge from renowned crowfund industry experts.
Securities Crowdfunding for Intermediaries (Series: Crowdfunding 2020)Financial Poise
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This webinar addresses crowdfunding portals and intermediaries. This episode begins with a basic overview of the various methods of crowdfunding, from donation and rewards based, to intra-state equity, debt, and finally securities based crowdfunding under Titles II, III and IV of the JOBS Act. Once those differences are understood, the webinar focuses on the need for intermediaries, the role that they can and sometimes must play, followed by a discussion on how the market has matured and where we see the market going in the online capital space. This webinar also discusses the risks and future of these intermediaries with the advent of the ICO and token distribution events.
To listen to this webinar on-demand, go to: https://www.financialpoise.com/financial-poise-webinars/securities-crowdfunding-for-intermediaries-2020/
Crowdfunding from the Investor's Perspective (Series: Crowdfunding 2020) Financial Poise
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This webinar focuses on the opportunities that crowdfunding makes available to the investor, and how the investor should go about navigating this new world. We begin with a basic overview of the new regulatory regime, the requirements to invest, and the on-boarding process one should expect. We then dive deeper into the market opportunity, including how to access and select investments, and expectations investors should set for themselves and the projects they select. This is not intended to support any specific deal selection, but instead sheds a light upon the basic selection criteria available, the method to go about investing and what to avoid.
Small businesses in North Carolina will soon be permitted to raise up to $2 million from average investors with certain limits. This is the result of legislation passed by the North Carolina General Assembly in July 2016. Businesses that use the âInvest N.C. exemptionâ can utilize the Internet to organize such a fundraiser. However, firms must follow certain regulations, including requirements on how much can be raised from each investor, what kind of financial information must be disclosed, and periodic reporting requirements to keep investors informed. The N.C. Securities Division will oversee administration of the crowdfunding exemption.This seminar is planned as an overview of investment crowdfunding for businesses that may want to utilize this option. The speaker will cover the following:
-a regulatory overview and how crowdfunding fits within securities laws
-the legal doâs and donâts of a crowdfunding offering
-the marketing aspects
-what you can say and how to reach investors
-utilizing a web site intermediary â picking one and connecting with investors.
Real Estate Investments - Emerging CategoriesYatinSharma70
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Real Estate investments across the world have diversified beyond "Unit-By-Unit, But-to-Let, Self Use" categories. Pandemic catapulted screen time and fuelled all time high Property Search scores across continents.
Investors wanted deals, diversification & dividends while covering all plausible risks. Emerging Real Estate investment categories showed the way and became quick favorites!
Learn more about them in this slideshow....Happy flipping!
Securities Crowdfunding for Intermediaries (Series: Crowdfunding 2020)Financial Poise
Â
This webinar addresses crowdfunding portals and intermediaries. This episode begins with a basic overview of the various methods of crowdfunding, from donation and rewards based, to intra-state equity, debt, and finally securities based crowdfunding under Titles II, III and IV of the JOBS Act. Once those differences are understood, the webinar focuses on the need for intermediaries, the role that they can and sometimes must play, followed by a discussion on how the market has matured and where we see the market going in the online capital space. This webinar also discusses the risks and future of these intermediaries with the advent of the ICO and token distribution events.
To listen to this webinar on-demand, go to: https://www.financialpoise.com/financial-poise-webinars/securities-crowdfunding-for-intermediaries-2020/
Crowdfunding from the Investor's Perspective (Series: Crowdfunding 2020) Financial Poise
Â
This webinar focuses on the opportunities that crowdfunding makes available to the investor, and how the investor should go about navigating this new world. We begin with a basic overview of the new regulatory regime, the requirements to invest, and the on-boarding process one should expect. We then dive deeper into the market opportunity, including how to access and select investments, and expectations investors should set for themselves and the projects they select. This is not intended to support any specific deal selection, but instead sheds a light upon the basic selection criteria available, the method to go about investing and what to avoid.
Small businesses in North Carolina will soon be permitted to raise up to $2 million from average investors with certain limits. This is the result of legislation passed by the North Carolina General Assembly in July 2016. Businesses that use the âInvest N.C. exemptionâ can utilize the Internet to organize such a fundraiser. However, firms must follow certain regulations, including requirements on how much can be raised from each investor, what kind of financial information must be disclosed, and periodic reporting requirements to keep investors informed. The N.C. Securities Division will oversee administration of the crowdfunding exemption.This seminar is planned as an overview of investment crowdfunding for businesses that may want to utilize this option. The speaker will cover the following:
-a regulatory overview and how crowdfunding fits within securities laws
-the legal doâs and donâts of a crowdfunding offering
-the marketing aspects
-what you can say and how to reach investors
-utilizing a web site intermediary â picking one and connecting with investors.
Real Estate Investments - Emerging CategoriesYatinSharma70
Â
Real Estate investments across the world have diversified beyond "Unit-By-Unit, But-to-Let, Self Use" categories. Pandemic catapulted screen time and fuelled all time high Property Search scores across continents.
Investors wanted deals, diversification & dividends while covering all plausible risks. Emerging Real Estate investment categories showed the way and became quick favorites!
Learn more about them in this slideshow....Happy flipping!
Crowdfunding and Other Innovative Private Fundraising Optionsideatoipo
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Raising money for your startup via traditional channels can be a challenge. The advent of crowdfunding and other innovative private funding options for entrepreneurs has democratized the fundraising landscape.
The private fundraising environment has dramatically changed in recent years as a result of new technologies, laws and business models. In addition to traditional private placements, the private fundraising marketplace now includes internet portals, publicly solicited accredited-only financings and crowdsourced investment funds.
The speaker will discuss new sources of private financing and the consequent business and legal issues including:
â˘Non-solicited private placements of securities under Rule 506(b) of Regulation D;
â˘Publicly solicited accredited-only offerings of securities under Rule 506(c) of Regulation D;
â˘Regulation of investment advisers and broker- dealers;
â˘Reg CF and Reg A+ crowdfinancing
⢠Conducting an ICO (Initial Coin Offering).
and more!
This is a comprehensive presentation scheduled for delivery at an Illinois State Bar Association seminar April 3, 2014. It covers Regulation D rules for private (though publicly announced) securities offerings as modified by the JOBS Act, Illinois securities law, accredited investor status verification, public announcements of securities offerings, securities fraud, the disclosures required, and the detailed parts of the private placement memo and file
The deal is complete, and the parties have finished the hard work. Or have they? Integration planning turns to execution as people, process, and technology are combined once the deal is legally closed. The buyer will need to consider the purchased business or assets from the standpoint of employees, IT, customers, suppliers, and a multitude of other areas. In addition, numerous post-closing legal issues may arise, including purchase price adjustments, breaches of representations and warranties, enforcement of key negative employment-related covenants and restrictive covenants, collection of pre-closing accounts receivable, and true-ups of final financials. This episode guides listeners through the process, timing, and issues which most commonly arise after the closing of deals.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/post-closing-issues-integration-potential-buyer-seller-disputes-2021/
Bitcoin, Block chain, Cryptocurrency, and ICO's: A Legal PerspectiveRoger Royse
Â
A full overview of topics surrounding the emerging cryptocurrency Industry. Topics include blockchain use, crowdfunding, ICO's taxation, and federal regulations
Startup Basics: How to Split the Pie, Raise Money and Reward ContributorsRoger Royse
Â
Whatâs my startup worth? How much equity should founders have? How much equity should I give to employees and consultants? How much should I give the VCâs?
Silicon Valley startup attorney Roger Royse of the Royse Law Firm discusses the basic valuation and ownership issues involved in a startupâs life, from formation to financing to exit, including how to value your company and the contributions of stakeholders and investors at each step with a particular emphasis on different models, best practices and traps to avoid.
The Future of The Private Capital Markets: Equity CrowdfundingJuliah Ma
Â
After months of anticipation, the SEC has finally opened up registration for online platforms that intend to legally solicit offerings through equity crowdfunding (Regulation CF). For the first time in 80 years, all Americans will have equal access to invest in private companies. Individuals can look forward to investing through online equity crowdfunding platforms as early as mid-May 2016 (pending SEC approval). However, Title III does not completely eliminate the regulatory barriers to investing or raising capital. Here are some important details you should consider leading up to the equity crowdfunding implementation...
How to set up a Hedge Fund or Cayman Investment Fund. This guide provides an overview of the requirements. However, please contact our professional team to discuss your specific requirements: info@bellrockgroup.com
Introduction to Commercial Litigation FinanceFinancial Poise
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Litigation funding is an increasingly popular tool for attorneys and parties with legal claims to share the risk and reward of litigation or arbitration with third-party investors, and for investors to capitalize on the uncorrelated returns generated by legal-driven revenue. This webinar is intended to provide an overview of the topic generally, touching on the âwho,â âwhat,â âwhere,â âwhen,â âwhy,â and âhowâsâ behind litigation funding.
Part of the webinar series: Commercial Litigation Funding 2022
See more at https://www.financialpoise.com/webinars/
PeerRealty - World Crowdfunding Conference PresentationPeerRealty
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PeerRealty CEO Jordan Fishfeld addressed attendees of the World Crowdfunding Conference in Guiyang, China on October 25, 2015. With over 8,000 attendees, the World Crowdfunding Conference is the largest crowdfunding conference on the planet. This is the presentation he gave regarding the U.S. crowdfunding market and PeerRealty's real estate crowdfunding platform.
Early-stage companies need tremendous amounts of cash to grow rapidly. Yet, angel groups and venture-capital firms are not usually a realistic option for early stage startups. Additionally, entrepreneurs often find that financing options such as savings, friends, family, and bank loans, even if available, cannot cover the high startup costs attendant to growing a business. Recently, the media has anointed "crowdfunding" as the solution to this startup capital gap. But what exactly is crowdfunding?
In 2013, the ban on general solicitation of accredited investors was lifted, causing the largest change to securities laws in decades. While everyone from startups to hedge funds will enjoy new liberties in investor marketing and outreach campaigns, itâs critical that the new rules are followed to a T, eliminating the chance for exemption rescission.
An Introduction to a New Yet Old Funding Alternative (Series: Commercial Liti...Financial Poise
Â
Litigation funding is an increasingly-popular tool for attorneys and clients to share the risk and reward of litigation with third-party investors, and for investors to capitalize on the uncorrelated returns generated by legal-driven revenue. This webinar is intended to provide an overview of the topic generally, touching on the âwho,â âwhat,â âwhere,â âwhen,â âwhyâ and âhowâsâ behind litigation funding.
To view the accompanying webinar, go to:https://www.financialpoise.com/financial-poise-webinars/an-introduction-to-a-new-yet-old-funding-alternative-2021/
Crowdfunding from the Start-Up's Perspective (Series: Crowdfunding)Financial Poise
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How can businesses use the tools created by the JOBS Act to access capital? This webinar compares raising money online to traditional methods of capital raising. It also compares each of the different titles available under the JOBS Act. Finally, we discuss and compare the differences between security based crowdfunding and rewards based crowdfunding, exploring those instances where such a method would make sense.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/crowdfunding-from-the-start-ups-perspective-2021/
CROWDFUNDING 2022 - Crowdfunding from the Start-Up's Perspective Financial Poise
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How can businesses use the tools created by the JOBS Act to access capital? This webinar compares raising money online to traditional methods of capital raising. It also compares each of the different titles available under the JOBS Act. Finally, we discuss and compare the differences between security based crowdfunding and rewards based crowdfunding, exploring those instances where such a method would make sense.
Part of the webinar series: Crowdfunding 2022
See more at https://www.financialpoise.com/webinars/
Crowdfunding and Other Innovative Private Fundraising Optionsideatoipo
Â
Raising money for your startup via traditional channels can be a challenge. The advent of crowdfunding and other innovative private funding options for entrepreneurs has democratized the fundraising landscape.
The private fundraising environment has dramatically changed in recent years as a result of new technologies, laws and business models. In addition to traditional private placements, the private fundraising marketplace now includes internet portals, publicly solicited accredited-only financings and crowdsourced investment funds.
The speaker will discuss new sources of private financing and the consequent business and legal issues including:
â˘Non-solicited private placements of securities under Rule 506(b) of Regulation D;
â˘Publicly solicited accredited-only offerings of securities under Rule 506(c) of Regulation D;
â˘Regulation of investment advisers and broker- dealers;
â˘Reg CF and Reg A+ crowdfinancing
⢠Conducting an ICO (Initial Coin Offering).
and more!
This is a comprehensive presentation scheduled for delivery at an Illinois State Bar Association seminar April 3, 2014. It covers Regulation D rules for private (though publicly announced) securities offerings as modified by the JOBS Act, Illinois securities law, accredited investor status verification, public announcements of securities offerings, securities fraud, the disclosures required, and the detailed parts of the private placement memo and file
The deal is complete, and the parties have finished the hard work. Or have they? Integration planning turns to execution as people, process, and technology are combined once the deal is legally closed. The buyer will need to consider the purchased business or assets from the standpoint of employees, IT, customers, suppliers, and a multitude of other areas. In addition, numerous post-closing legal issues may arise, including purchase price adjustments, breaches of representations and warranties, enforcement of key negative employment-related covenants and restrictive covenants, collection of pre-closing accounts receivable, and true-ups of final financials. This episode guides listeners through the process, timing, and issues which most commonly arise after the closing of deals.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/post-closing-issues-integration-potential-buyer-seller-disputes-2021/
Bitcoin, Block chain, Cryptocurrency, and ICO's: A Legal PerspectiveRoger Royse
Â
A full overview of topics surrounding the emerging cryptocurrency Industry. Topics include blockchain use, crowdfunding, ICO's taxation, and federal regulations
Startup Basics: How to Split the Pie, Raise Money and Reward ContributorsRoger Royse
Â
Whatâs my startup worth? How much equity should founders have? How much equity should I give to employees and consultants? How much should I give the VCâs?
Silicon Valley startup attorney Roger Royse of the Royse Law Firm discusses the basic valuation and ownership issues involved in a startupâs life, from formation to financing to exit, including how to value your company and the contributions of stakeholders and investors at each step with a particular emphasis on different models, best practices and traps to avoid.
The Future of The Private Capital Markets: Equity CrowdfundingJuliah Ma
Â
After months of anticipation, the SEC has finally opened up registration for online platforms that intend to legally solicit offerings through equity crowdfunding (Regulation CF). For the first time in 80 years, all Americans will have equal access to invest in private companies. Individuals can look forward to investing through online equity crowdfunding platforms as early as mid-May 2016 (pending SEC approval). However, Title III does not completely eliminate the regulatory barriers to investing or raising capital. Here are some important details you should consider leading up to the equity crowdfunding implementation...
How to set up a Hedge Fund or Cayman Investment Fund. This guide provides an overview of the requirements. However, please contact our professional team to discuss your specific requirements: info@bellrockgroup.com
Introduction to Commercial Litigation FinanceFinancial Poise
Â
Litigation funding is an increasingly popular tool for attorneys and parties with legal claims to share the risk and reward of litigation or arbitration with third-party investors, and for investors to capitalize on the uncorrelated returns generated by legal-driven revenue. This webinar is intended to provide an overview of the topic generally, touching on the âwho,â âwhat,â âwhere,â âwhen,â âwhy,â and âhowâsâ behind litigation funding.
Part of the webinar series: Commercial Litigation Funding 2022
See more at https://www.financialpoise.com/webinars/
PeerRealty - World Crowdfunding Conference PresentationPeerRealty
Â
PeerRealty CEO Jordan Fishfeld addressed attendees of the World Crowdfunding Conference in Guiyang, China on October 25, 2015. With over 8,000 attendees, the World Crowdfunding Conference is the largest crowdfunding conference on the planet. This is the presentation he gave regarding the U.S. crowdfunding market and PeerRealty's real estate crowdfunding platform.
Early-stage companies need tremendous amounts of cash to grow rapidly. Yet, angel groups and venture-capital firms are not usually a realistic option for early stage startups. Additionally, entrepreneurs often find that financing options such as savings, friends, family, and bank loans, even if available, cannot cover the high startup costs attendant to growing a business. Recently, the media has anointed "crowdfunding" as the solution to this startup capital gap. But what exactly is crowdfunding?
In 2013, the ban on general solicitation of accredited investors was lifted, causing the largest change to securities laws in decades. While everyone from startups to hedge funds will enjoy new liberties in investor marketing and outreach campaigns, itâs critical that the new rules are followed to a T, eliminating the chance for exemption rescission.
An Introduction to a New Yet Old Funding Alternative (Series: Commercial Liti...Financial Poise
Â
Litigation funding is an increasingly-popular tool for attorneys and clients to share the risk and reward of litigation with third-party investors, and for investors to capitalize on the uncorrelated returns generated by legal-driven revenue. This webinar is intended to provide an overview of the topic generally, touching on the âwho,â âwhat,â âwhere,â âwhen,â âwhyâ and âhowâsâ behind litigation funding.
To view the accompanying webinar, go to:https://www.financialpoise.com/financial-poise-webinars/an-introduction-to-a-new-yet-old-funding-alternative-2021/
Crowdfunding from the Start-Up's Perspective (Series: Crowdfunding)Financial Poise
Â
How can businesses use the tools created by the JOBS Act to access capital? This webinar compares raising money online to traditional methods of capital raising. It also compares each of the different titles available under the JOBS Act. Finally, we discuss and compare the differences between security based crowdfunding and rewards based crowdfunding, exploring those instances where such a method would make sense.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/crowdfunding-from-the-start-ups-perspective-2021/
CROWDFUNDING 2022 - Crowdfunding from the Start-Up's Perspective Financial Poise
Â
How can businesses use the tools created by the JOBS Act to access capital? This webinar compares raising money online to traditional methods of capital raising. It also compares each of the different titles available under the JOBS Act. Finally, we discuss and compare the differences between security based crowdfunding and rewards based crowdfunding, exploring those instances where such a method would make sense.
Part of the webinar series: Crowdfunding 2022
See more at https://www.financialpoise.com/webinars/
CROWDFUNDING 2022 - Securities Crowdfunding for IntermediariesFinancial Poise
Â
This webinar addresses crowdfunding portals and intermediaries. This episode begins with a basic overview of the various methods of crowdfunding, from donation and rewards based, to intra-state equity, debt, and finally securities based crowdfunding under Titles II, III and IV of the JOBS Act. Once those differences are understood, the webinar focuses on the need for intermediaries, the role that they can and sometimes must play, followed by a discussion on how the market has matured and where we see the market going in the online capital space. This webinar also discusses the risks and future of these intermediaries with the advent of the ICO and token distribution events.
Part of the webinar series: Crowdfunding 2022
See more at https://www.financialpoise.com/webinars/
Crowdfunding from the Start-Up's Perspective (Series: Crowdfunding 2020) Financial Poise
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How can businesses use the tools created by the JOBS Act to access capital? This webinar compares raising money online to traditional methods of capital raising. It also compares each of the different titles available under the JOBS Act. Finally, we discuss and compare the differences between security based crowdfunding and rewards based crowdfunding, exploring those instances where such a method would make sense.
To listen to this webinar on demand, go to: https://www.financialpoise.com/financial-poise-webinars/crowdfunding-from-the-start-ups-perspective-2020/
Securities Crowdfunding for Intermediaries (Series: Crowdfunding)Financial Poise
Â
This webinar addresses crowdfunding portals and intermediaries. This episode begins with a basic overview of the various methods of crowdfunding, from donation and rewards based, to intra-state equity, debt, and finally securities based crowdfunding under Titles II, III and IV of the JOBS Act. Once those differences are understood, the webinar focuses on the need for intermediaries, the role that they can and sometimes must play, followed by a discussion on how the market has matured and where we see the market going in the online capital space. This webinar also discusses the risks and future of these intermediaries with the advent of the ICO and token distribution events.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/securities-crowdfunding-for-intermediaries-2021/
Crowdfinance -101 (Series: Crypto, Crowdfunding & Other Crazy Concepts)Financial Poise
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What is the âcrowdâ in Crowdfinance? What does the crowd thus buy and by what means and modes? And why should the crowd do this rather than put its money to work otherwise? What are the old (and continuing) modes for marketing and selling private securities? What is it like to purchase private securities from on-line portals? How are risks of fraud and mistake allocated there? Do on-line portals help get the rest of us in on unicorns in utero? How are equity securities purchased by the crowd turned into money? Is there a secondary market for private securities? Should ICOs be understood as crowdfinance by other means?
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/crowdfinance-101-2021/
On October 30, 2015, the Securities and Exchange Commission (SEC) issued the final rules related to crowdfunding for select companies. The rules fulfill Title III of the Jumpstart Our Business Startups (JOBS) Act, which was signed into law in 2012.
Navigating Legal and Regulatory Challenges To Start a Crowdfunding Business: ...Finlaw Consultancy Pvt Ltd
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Start a crowdfunding business can be an exciting venture, offering a unique platform for entrepreneurs to fund their projects. However, navigating the legal and regulatory landscape is crucial to ensure a smooth and compliant operation. This guide aims to provide entrepreneurs with key insights into the legal and regulatory challenges associated with start a crowdfunding business.
Private Offering Exemptions and Private Placements (Series: Securities Law Ma...Financial Poise
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The private capital markets have become an increasingly important source of funding for both private and public companies alike. Today total capital raised through private placements surpasses total capital raised in public offerings. Whatâs more, in recent years legislation like the JOBS Act has made a number of significant changes to laws and regulations governing private capital markets. Consequently, understanding the myriad private offering exemptions and how to properly conduct a private placement is crucial for not only for lawyers, but also for executives, managers, directors and anyone involved in corporate finance transactions.
To listen to this webinar on-demand, go to: https://www.financialpoise.com/financial-poise-webinars/private-offering-exemptions-and-private-placements-2020/
Crowdfunding from the Investor's Perspective (Series: Crowdfunding)Financial Poise
Â
This webinar focuses on the opportunities that crowdfunding makes available to the investor, and how the investor should go about navigating this new world. We begin with a basic overview of the new regulatory regime, the requirements to invest, and the on-boarding process one should expect. We then dive deeper into the market opportunity, including how to access and select investments, and expectations investors should set for themselves and the projects they select. This is not intended to support any specific deal selection, but instead sheds a light upon the basic selection criteria available, the method to go about investing and what to avoid.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/crowdfunding-from-the-investors-perspective-2021/
Crowdfunding crypto - ic os march 12 2018Roger Royse
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Block chain, bitcoin and other cryptocurrencies, and ICOs have dominated recent headlines. While excitement continues to grow around this rapidly expanding space, there still seems to be a lot of unanswered questions. Roger Royse, founder of the Royse Law Firm, discusses the legal issues that may determine the future of these emerging technologies.
Crowdfunding, Cryptocurrency, and ICO's 2018Roger Royse
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Block chain, bitcoin and other cryptocurrencies, and ICOs have dominated recent headlines. While excitement continues to grow around this rapidly expanding space, there still seems to be a lot of unanswered questions. Roger Royse, founder of the Royse Law Firm, discusses the legal issues that may determine the future of these emerging technologies.
Similar to Preparing for the Crowdfunding Revolution (20)
Innovations driving the Mass Adoption of CryptoFinance ATL Nov 29 2018Dara Albright
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A really fun presentation delivered in Atlanta on Nov 29, 2018 to local investors and business leaders that makes sense of the recent decline in cryptocurrency prices and explores some of the latest and most compelling innovations that will fuel the mass adoption of cryptofinance.
How Tokenization will Transform Public OfferingsDara Albright
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Slides from webinar created for CPA Academy that highlights how digital assets and securities tokens are transforming corporate finance. Details include: Cryptocurrency Market Stats; How the Evolution of Public Offerings led to Tokenized Securities; The Types of Token Offerings; The Present Regulatory Landscape for Cryptocurrencies; How to mitigate ICO Fraud; The crypto advisory ecosystem; Who is investing in Crypto; & The catalysts enabling crypto to scale and become a mainstream asset class
Understanding How Digital Finance Will Impact the Investment LandscapeDara Albright
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We are in the early stages of a worldwide digital financial revolution that is redefining how we invest, how we raise funds, how we borrow, how we lend, how we pay for goods and services and how we save for retirement. It is reinventing currency, fashioning new asset classes, democratizing the flow of capital and giving rise to an entirely new generation of tech-centric financial leaders. And it is fueling the greatest opportunity for wealth creation in the history of finance. This hour webinar is designed to help the non-techie CPA understand how digital finance will change the investment landscape and how it will impact their clients.
Reg A+ & The Renaissance of the Retail InvestorDara Albright
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Presentation given by Dara Albright on December 13, 2017 as part of CisionÂŽ and Crowdfundx's Virtual Investor Conference Series. This presentation underscores how and why retail demand for Reg A+ investment products will accelerate
Trends that will Redefine Alternative Investing Dara Albright
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Presentation given by Dara Albright at the Alternative Lending Summit in Las Vega on October 23, 2017. This presentation the key dynamics and trends that are utterly redefining personal finance
Building the Crowd and the Future of Investment Product DistributionDara Albright
Â
Keynote presentation delivered at Crowdfunding USA on May 4, 2017 at The National Press Club, Washington DC. This presentation focuses on how to bring retail investors back into the market.
Employing crowdfunding to start or expand your businessDara Albright
Â
Presentation delivered as part of the Tony Robbins January 2017 Business Mastery Webinar Series. The webinar link can be found at: http://tonyr.co/BusinessMasteryWebinars
The Trillion Dollar FinTech OpportunityDara Albright
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This was Dara Albright's opening presentation delivered at the FinTech Revolution cocktail event in New York City on November 15, 2016 illustrating how FinTech is on the verge of dislocating the $14T retail retirement market.
How FinTech is Changing Personal Finance Dara Albright
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Depressed interest rates and volatile equity markets are driving an unprecedented interest in retail alternative investment products. Fortunately, through the intersection of technology and regulation, new FinTech archetypes are emerging to satisfy that demand. This is the slidedeck used during the 9/21/16 webinar, âHow FinTech is Changing Personal Financeâ which highlighted some of these groundbreaking technologies, tools, apps, rules and investment products that are transforming the financial services industry and changing the way people invest as well as save for retirement. The webinar is available on-demand at https://www.brighttalk.com/webcast/9407/193819
Presentation delivered on August 16, 2016 in Atlanta., GA addressing the factors that are driving the FinTech revolution, the economic significance of micro-investing technologies, recent industry turmoil and emerging tech-centric financial leaders. Video can be viewed at: https://www.youtube.com/watch?v=G0djjmmgyRw&list=PLkN9_AZTFbfhJjhEwffWXxeMoWGg34LF3
Equities Crowdfunding is Finally Legal - NOW WHAT?Dara Albright
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Presentation for Royse University Webinar (June 24, 2016) to help investment bankers, entrepreneurs, inventors and issuers understand the new ways to raise capital through the "crowd"
Using Crowd-Centric Alternative Assets to Enhance Portfolio YieldDara Albright
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The FinTech revolution continues to inspire a great deal of retail financial product ingenuity - just as the regulatory winds are increasingly shifting in favor of the retail investor. The confluence of these two events is helping reshape the financial services industry. This presentations explores this transformation in financial services and shows how financial advisors can capitalize on this micro alternative investing trend while maintaining fiduciary responsibility to his retail clientele.
Finfair opening presentation by dara albrightDara Albright
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The opening slide presentation to FinFair 2015, Wall Streetâs inaugural conference featuring the leadership, products and technologies that are driving the crowd-centric retail alternatives market and democratizing the investment landscape.
www.finfairconf.com | @finfairconf | #finfair2015
Liquidity Options for Reg A Webinar Held on 51415Dara Albright
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This is the slide deck for a live interactive webinar session that focused on creating liquidity for new Reg A+ offerings . It was delivered by Cromwell Coulson, CEO of OTC Markets Group, and Industry Recognized Securities Attorney, Sam Guzik. It took place on May 14, 2015 and was hosted by Dara Albright Events. It's a must view for issuers, underwriters and advisors looking to raise capital via this renewed exemption.
Crowdfinance: The Path to Economic Democracy 43015Dara Albright
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Weâre living in a remarkable moment in history where due to technological achievement & legislative overhaul, we are witnessing a reconstitution of our entire finance system. Because these changes are essentially democratizing finance by drawing in the crowds, this reformation is being referred to as âcrowdfinanceâ. Crowdfinance will cause Wall Street & Banking to be unrecognizable in a few short years. But, with great change comes great opportunity. This presentation illustrates how modern investors, businesses and underwriters can capitalize on this financial transformation.
Reg A+ - Everything Issuers & their Advisors Need to Know - in a nutshell Dara Albright
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Slides form the April 8, 2015 webinar session with Rep. David Schweikert, the Congressman responsible for Title IV of the JOBS Act a.k.a Reg A+, and Industry Recognized Securities Attorney, Sam Guzik. The webinar focused on the final Reg A+ rules, its impact the small cap IPO market and how Reg A can narrow the investment opportunity gap in the US. The webinar can be heard at https://www.brighttalk.com/webcast/9407/151623
The Small Cap Alternative Financing Revolution Cocktail Event Opening Present...Dara Albright
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Opening presentation for The Small Cap Alternative Financing Revolution Cocktail Event held in Boca Raton on February 26, 2015 which was hosted by peerbackers & Dara Albright Events. It illustrates the importance of crowdfinance and introduces leading players of the peer lending and equities crowdfunding ecosystems.
Presentation given at Atlanta Tech Angels event on 11/20/14 discussing the genesis of crowdfinance and illustrating ways to capitalize on emerging trends in crowdfinance
how to sell pi coins in all Africa Countries.DOT TECH
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Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
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t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
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Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
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Pi coins is not launched yet in any exchange đą this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAYÂ you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers âĽď¸
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The European Unemployment Puzzle: implications from population agingGRAPE
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We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
when will pi network coin be available on crypto exchange.DOT TECH
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There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
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The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
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In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
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financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
⢠The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
⢠The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
⢠The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
⢠Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and assetâs value is determined by companyâs performance. There are two major types of equity securities: common stock and preferred stock.
ď Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the companyâs board of director or the business decisions to be made.
ď Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for companyâs growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Introduction to Indian Financial System ()Avanish Goel
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The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
What price will pi network be listed on exchangesDOT TECH
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The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ â 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
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Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the worldâs largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Exploring Abhay Bhutadaâs Views After Poonawalla Fincorpâs Collaboration With...beulahfernandes8
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The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
1. Capitalizing on Financial Innovation Webinar
Series
Part I - Preparing for the Crowdfunding Revolution
Moderator: Dara Albright, Founder, NowStreet â Panelists: * Richard J. Salute, CPA, Consultant
with extensive expertise in capital markets and securities regulations; *Douglas S. Ellenoff,
Partner at Ellenoff, Grossman & Schole; *Ruth Hedges, CEO of Funding Roadmap
5. EG&S and Crowdfunding
EG&S has been one of the most active IPO law firms in the US for the last 5 years
(top 20 in 2012 and 4th in 2011); #1 Broker-Dealer counsel for PIPEs and Registered
Directs and #1 world wide for SPACs and SPACquisitions. We represent 50 public
companies.
Ellenoff Grossman & Schole has been heavily involved in the crowdfunding program
since its inception. The Firm has sponsored conferences, webinars and has been
invited to speak at different events on the topic. Douglas S. Ellenoff, a member of
the Firm, has met with the SEC on many occasions to discuss many aspects of the
proposed new law, how the industry currently operates and how both the SEC and
FINRA will register and regulate funding portals and the crowdfunding activity to
be conducted.
The Firm is actively engaged with clients (funding portals, broker-
dealers, technology solution providers, software developers, investors and
entrepreneurs). In cooperation with the industry trade association, the Firm
is discussing what level of regulatory review and monitoring is appropriate by the
SEC and FINRA in balancing the interests of the program with investor protection.
6. Douglas S. Ellenoff
Douglas S. Ellenoff, a member of the Firm since its founding in 1992, is a
corporate and securities attorney with a specialty in business transactions and
corporate financings. Mr. Ellenoff and the rest of the corporate department
distinguish themselves from many other transactional lawyers on the basis of their
ability to be part of the establishment of new securities programs, like PIPEs,
SPACs, Registered Directs, Reverse Mergers and CrowdFunding, where the Firm's
professionals have played leadership roles within each of those industries,
assisting in the creation, formation and strategies relating to those financings, as
well as working closely with the regulatory agencies; including the SEC and FINRA;
and the listing exchanges - AMEX and NASDAQ.
7. Crowdfunding
Crowdfunding is the offering of unregistered
securities through a registered internet
intermediary website or broker to raise small
amounts of money (up to $1,000,000) from a large
pool of investors
8. Quotation of President Barak Obama January 2012
âRight now, you can only turn to a limited group of investors
-- including banks and wealthy individuals -- to get
funding. Laws that are nearly eight decades old make it
impossible for others to invest. But a lot has changed in 80
years, and itâs time our laws did as well. Because of this bill,
start-ups and small business will now have access to a big,
new pool of potential investors -- namely, the American
people. For the first time, ordinary Americans will be able
to go online and invest in entrepreneurs that they believe
in.â
9. Title III of the US JOBS Actâ
Offerings Limitations & Requirements
â The Act limits both the aggregate value of securities that an issuer may offer
through a crowdfunding intermediary and the amount that an individual can invest.
â An issuer may sell up to an aggregate of $1,000,000 of its securities during any 12
month period.
â Investors with an annual income or net worth of up to $40,000 will be permitted to
invest $2,000 and above $40,000 and less than $100,000 investors shall be entitled
to invest 5% of their annual income or net worth in any 12 month period.
â Investors with an annual income or net worth greater than $100,000 will be
permitted to invest 10% of their annual income or net worth.
â Investors are limited to investing $100,000 in crowdfunding issues in a 12 month
period.
â Investors who purchase securities in a crowdfunding transaction are restricted from
transferring those securities for a period of one year. This restriction is subject to
certain exceptions, including transfers: (i) to the issuer; (ii) to an accredited
investor; (iii) pursuant to an offering registered with the SEC; (iv) or to the
investorâs family members.
10. Title III of the US JOBS Actâ
crowdfunding Intermediaries: Funding Portals & Broker
Crowdfunding transactions may only be conducted through either a
broker or funding portal registered with the Securities & Exchange
Commission (âSECâ) and the Financial Industry Regulatory Authority
Unlike a broker, a funding portal is restricted from offering investment
advice or recommendations to investors. Its members may not solicit
purchases, sales or offer to buy securities offered by the portal.
Funding portals are strictly prohibited from paying its agents or
employees any compensation based on the sale of securities offered on
its portal or website.
11. Title III of the US JOBS Actâ
Crowdfunding Intermediaries: Funding Portals & Brokers (Continued)
â The crowdfunding intermediaries will have certain obligations to protect investors.
The Act requires a crowdfunding intermediary to:
Ensure that investors review certain educational material and acknowledge that the
investor both understand the risks inherent in a crowdfunding investment and can
sustain the risks of loss;
Ensure that investors demonstrate an understanding of the risks associated with
investing in new ventures and small business;
Implement measures to reduce the risks of fraud;
Implement measure to ensure that the proceeds of an offering are only released to
the issuer when the target offering amount is reached or exceeded;
Comply with applicable privacy rights and protections of information requirements;
Ensure that investors do not purchase an amount of crowdfunding securities during a
12 month period in excess of the statutory limit; and
Prohibit its directors, officers or partners from participating in a crowdfunding
offering or having any financial interest in a company that uses its services.
12. Title III of the US JOBS Actâ
Issuer Responsibilities
Equal access to and disclosure of material information is a core principal of federal and state
securities regulations. It is essential for investors to have the necessary information to
appreciate the potential risks and rewards of an investment. The Act requires issuers to provide
investors with a description of the following:
â Company: the issuer and its members, including the name, legal status, physical address, the names of the
directors and officers holding more than 20 percent of the shares of the issuer.
â Offering: the anticipated business plan of the issuer, the target offering amount, the deadline to reach the
target offering amount and the price to the public of the securities.
â Structure: the ownership and capital structure of the issuer, including terms of the securities of the issuer
being offered.
â Valuation: how the securities being offered are being valued, and examples of methods for how such
securities may be valued by the issuer in the future, including during subsequent corporate actions; and
â Risks: the risks to purchasers of the securities relating to minority ownership in the issuer, the risks
associated with corporate actions, including additional issuances of shares, a sale of the issuer or of assets
of the issuer, or transactions with related parties.
â The intermediary crowdfunding portals are also required to make available to the SEC and to potential
investors any information provided by the issuer no later than 21 days prior to the first day on which
securities are sold to any investor.
13. Title III of the US JOBS Actâ Issuer Responsibilities (Continued)
Financial Statements
â The extent to which an issuer must disclose its financial statements
varies depending on the aggregate amount offered, including any
prior offerings in the preceding 12 months period.
â For crowdfunding offerings with an aggregate offering amount up to
$100,000, the issuer must disclosure its most recently filed income
tax returns and its financial statements certified by the issuerâs
principal executive officer.
â For offerings that exceed $100,000 during the 12 month period but
are less than $500,000, the issuer must provide financial statements
reviewed by an independent public accountant.
â If an aggregate offering amount exceeding $500,000, the issuer must
provide audited financial statements.
14. Acceptance of Basic Concept of Crowdfunding Law
By Investor Protection Advocates
Designed in Title III of the JOBS Act, so-called crowdfunding, is the novel concept that any investor
(accredited or otherwise) may invest in any available crowdfunding investment opportunity, so
long as it is proportionate to how much they make or are worth and is transacted through a
regulated funding platform or BD after satisfying investor education and disclosure requirements.
The concept of limiting investors based upon income and net worth doesnât exist in any typical
private placement or public offering statutesâ by convention broker-dealers impose such standards
to reduce investor risk and their own liability exposure based upon âsuitability standardsâ only.
Title III is unique in this regard.
If the objective of investor protection advocates is to prevent non-accredited investors from ever
participating in entrepreneurial finance, and thereby, avoid suffering any investment losses
(regardless of properly disclosing the inherent risks in any such investment), then implementing
Title III at all is necessarily inconsistent with such an objective.
In our view, the wisdom of Title III is that it properly balances the undisputed need for investor
protection with the size of the offering and how much is being investedâ but you have to really
appreciate how crowdfunding will operate under Title III.
Title II under the JOBS Act is the lifting of the ban in the US on the General Solicitation of
investorsâ so that any issuer may generally solicit investors, but, only accept funding from
accredited investors.
15. What Problem Does Crowdfunding Address
Provide more capital to entrepreneurs and SMEs, create jobs and provide
opportunities for non-accredited investors to invest in both community based
businesses and entrepreneurial companies.
For the last several years the number of VC financings in the US has continued to
drop-- approximately 3,500 VC led deals; VCs are raising less capital and continue
to finance only larger opportunities with significant IRR potential and with exits of
greater than $50 Million
Although Angel statistics are difficult to obtain they funded nearly as much as VCs
Fewer than 10% of all Accredited Investors in the U.S. invest in private financings
Except as friends or family, non-accredited investors have no exposure to private
financings.
There are 25,000,000 SME in US; many are looking for funding and banks arenât
lending and identifying investors is extremely difficult given securities laws
16. Existing Crowdfunding
Donations, Rewards, Pre-Order (Kiva, Kickstarter, Indiegogo and RocketHub)
â KIVA-- $400 Million of Loans in increments of $25 and less than 2% defaults
â Kickstarter-- $450 Million pledged by 3,000,000 people for 35,000 campaigns
Domestic Noisy 506 Offerings (Angel List, CircleUp and FundersClub)
â Angel List, $1.8 Billion raised for start ups; $11,500,000 in February 2013
alone.
Internationally (FundingCircle, ASSOB, Symbid, Seedrs and CrowdCube)
â FundingCircle UK Pounds 76,000,000; 1,000 borrowers and less than 1.5%
default rate
â ASSOB $132,500,000 for 1,000 issuers and 86% survival rate
17. Investor Protection Explicit in Statutory Design
Crowdfunding may only be conducted through approved and regulated
Funding Portals and Brokersâ SEC and FINRA.
Entrepreneurs seeking capital are specifically limited to what they can
communicated to the public with respect to conducting a crowdfunding
campaign at a particular funding portal or broker-dealer portal; no terms of
the offering may be mentioned.
Even the funding portal and broker-dealer portal is restricted from marketing
the particular campaign and can only market the general activities of the
website.
No incentive fees of any kind may be paid by either the entrepreneur or the
funding portal/broker-dealer portal to induce potential investors to register
on their platform.
18. Investor Protection Explicit in Statutory Design
(continued)
Further, assuming that a potential investor even decides of their own volition to visit a
funding portal/broker-dealer portal, they must register with the platform and share
relevant information
Title III requires that the funding portals provide investors with a well defined education
process
Title III requires review and complete standard private placement investor
documentation (provide full and fair disclosure compliant with Title III, including use of
proceeds and risk factors) all PRIOR to being able to invest.
Funding portals are providing entrepreneurs and issuers with education as well.
Additionally, unlike Title II or most other areas of the securities markets, there is clearly
defined limitation on how much any one investor may invest in any one deal or
crowdfunding deals overall all (in 12 month rolling period)-- capped at a percentage of
their income and net worth (it varies).
Funding Portals are precluded from giving investment advice
Crowd Intelligence (Not Required by Title III)
19. Role of Social Media/Investor Protection
Crowd Intelligence through social media will transparently vet entrepreneurs, their
opportunities and their community of contacts and colleagues
Crowd Intelligence has played a significant and instructive role in the
establishment of other online industries in the last decade; these industries had
similar voiced concerns for consumer protection. Over time, the successful
operators learned to adapt and embrace the role of other consumer experiences
(the crowd as it were) and use such experiences to their collective benefit in a
manner that enabled them to tackle those concerns and demonstrate their ability
to increase overall consumer satisfaction and reduce complications otherwise
experienced by their legacy or offline competitors. By embracing social media and
its transparency, along with the other sophisticated technology solutions that are
offered in the market today, much of the previous and legitimate concerns about
purchasing goods online (think Amazon), or through an informal network of retail
sellers (think EBay), have reduced risks of improper conduct and enhance user
experience-- it stands to reason that without it, there wouldn't be the confidence
in the system necessary to create and industry. Done properly in crowdfunding,
we would expect similar benefits. We don't claim to have all of the answers to
how to properly and effectively combat fraud in the securities world and would
welcome the opportunity to work cooperatively with the SEC's microcap fraud
experts to buttress our efforts and initiatives.
20. Common Concerns, Misconceptions and
Other Provisions of Title III Often Lost on Critics
CrowdFraud
Disclosure requirements and financial statements
Funding for the next app and high growth opportunities
(actually small and community based businesses)
Capital structure and the Crowd
Exits
21. Substantive Issues To Be Considered
Better than friends and family
Fraud v Failure
Investment Advice and Curation
Substantive disclosure is just a good beginning
Title III platforms will be able to demonstrate that investors may have convenient
memories for risk disclosure (digital footprint)
Liabilities of platforms
Valuation is as much a problem with public companies as crowdfunding
Is crowdfunding due diligence any match for conventional
due diligence
22. Timeline
Proposed Rules by End of 1st Quarter
Public Comment Period (60 to 90 days)
Staff Review Period (60 days)
Final SEC Rules (Currently expected 4th Quarter)
23. Contact Information
Ellenoff Grossman & Schole LLP is a New York City-based law firm comprised of almost 60 professionals
(30 Securities Lawyers), offering its clients legal services in a broad range of business related matters.
Founded in 1992, the Firm specializes in many areas of commercial law, including corporate and securities,
'33 Act and '34 Act representation, reverse mergers, PIPEs, SPACs, going private and mergers and
acquisitions. We represent nearly 50 public companies in various industries: biotechnology, medical devices,
information technology, financial services, shipping, alternative energy, consumer products and business
services throughout the world â including Greece, China, India and Israel; Hedge Fund Formation and Regulation;
Broker-Dealer Regulation, transactional Real Estate (leasing, financing and buy/sell; domestic corporate Taxation
and general commercial Litigation).
Douglas S. Ellenoff, Esq.
Ellenoff Grossman & Schole LLP
150 East 42nd Street, New York, NY 10017
(212) 370-1300
Ellenoff@EGSllp.com
This presentation is for informational purposes and does not contain or convey legal advice. The information herein
should not be used or relied upon in regard to any particular facts or circumstances without first consulting a lawyer
24. Disclaimer
⢠This information may answer some questions, but is not intended as a comprehensive
analysis of the topic. In addition, this information should not be relied upon as the only
source of information.
⢠This information is supplied from sources we believe to be reliable but we cannot guarantee
its accuracy.
⢠This document and the information contained herein is confidential. This document has
been furnished to you solely for your information and neither this document nor the
information contained herein my be reproduced, disclosed or redistributed, in whole or in
part, by mail, facsimile, electronic or computer transmission or by any other means to any
other person, except with the prior written consent of the Ellenoff Grossman & Schole LLP.
⢠The material has been prepared or is distributed solely for information purposes and is not a
solicitation or an offer to buy any security or instrument or to participate in any trading
strategy.
⢠This presentation is made solely for the interest of friends and clients of Ellenoff Grossman
& Schole LLP and should in no way be relied upon or construed as legal advice. For specific
information on particular factual situations, an opinion of legal counsel should be sought.
26. What you need to know
regarding the JOBS ACT
implementation
Communication the Value Proposition
â Be clear about your objectives and the
expected outcomes.
â What is the solution you are offering.
â Why is it relevant.
â Describe the revenue model and anticipated
income.
â Describe why the entities valuation is appropriate.
â And much more!
27. What you need to know
regarding the JOBS ACT
implementation
The team:
â Describe the management skills and experience
and why they can execute the business plan.
â Best practice for achieving transparency requires
that you have the correct advisors i.e., Attorneyâs,
Accountants and Investment Bankers.
â Consider forming Boards of Directors and
Advisors.
28. What you need to know
regarding the JOBS ACT
implementation
Financial Reporting
â Depending on the raise GAAP financials are
required.
â The financials may need to be reviewed or
audited.
â There is a cost which will be dependent upon the
entityâs complexity.
29. What you need to know
regarding the JOBS ACT
implementation
On going communications with Stakeholders
â Look at best of breed to see examples of
transparency.
â Discuss key metrics good or bad.
â The crowd is efficient be careful not to under
estimate its power.
â Never forget that you are selling a portion of your
business.
â Good Luck!
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50. Thank you for participating in the webinar. To listen to a replay
please visit: https://www.brighttalk.com/webcast/5205/69111
We also hope to meet you in person at the 2nd Annual Crowdfunding
Convention & Bootcamp
www.crowdfundingroadmap.com/bootcamp
Save $25 use the coupon code: nowstreet