Colorado CrowdfundingPresented by Vim ConsultingThank You Rocky Mountain        Innosphere
Agenda•  Introduction•  Overview of Openshop•  History of Crowdfunding•  Five Funding Options•  Top Funding Tip•  CO Crowd...
About BrianPersonalI am a dad with two boys, conscious entrepreneur and committed to myspiritual inner journey, my purpose...
DisclaimerI am not an attorney, nor play one ontelevision. I am not providing legal adviceand you are advised to talk to a...
Colorado CrowdfundingPart One: History of Crowdfunding
What is Crowdfunding?•A collective effort from many individuals tofund a charity, event, business, artist andother project...
Crowdfunding	  Worldwide	  Image	  Credit:	  PleaseFund.us	  and	  crowdsourcing.org	  
Types	  of	  Crowdfunding	  •  Micro-­‐Finance	  
Types	  of	  Crowdfunding	  •  Peer	  to	  Peer(P2P)	  
Types	  of	  Crowdfunding	  •  Reward	  
Types	  of	  Crowdfunding	  •  Equity	  
Early	  Crowdfunded	  Ventures	                         Irish Loan Fund- 1700s
Poli>cians	  Join	  the	  Act	  
Power	  of	  the	  Internet	  
$10M	  Campaign	  
$200M,	  5M,	  7	  Months	  Online	  Image	  Credit:	  Gplus.com	  
First	  $1M	  Plus	  Equity	  Deal	  
$128,542,079.00	  and	  Going	  Strong	  
Perks	  versus	  Security	  	  Pros	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  	  Cons              ...
JOBS Act- April 5th 2012
Colorado CrowdfundingPart Two: Five Funding Options
Options for Issue1. Form RL-Limited Registration by Qualification2. CO U-7 SCOR-Small Company OfferingRegistration- with R...
Form RL          Key Qualification80% of raise must be spent in Colorado entityMajority of employees based in COAll invest...
Form RL Registration       Key Advantages•    Limited documentation•    Reviewed financials•    The Colorado Division of S...
SCOR Key Qualifications-47 States offer a SCOR, filed underuniformed application U-7-Must file Federal Exemption- Reg D 50...
Reg A Key Qualifications-Federal Exemption by Review-Complete and File Form 1-A-Reviewed by the SEC-Verbally "Testing the ...
Reg D 504 MAIE-Only generally solicit to Accredited Investors-Must file Reg D 504 with SEC and CDOS-Maximum raise $1M in 1...
Reg D 506-Practically only sell to Accredited Investors-Currently NO advertising or general solicitation- Title II JOBS Ac...
FormsU-7Form 1-AForm RLForm DMAIE Form
Other DocumentationPrivate Placement MemorandumShareholder AgreementLoan AgreementLeasesPurchase OrdersExpert OpinionsAcco...
Takeaways•    You have four current options for selling     securities to the public now•    In the future with the JOBS A...
Colorado CrowdfundingPart Three: Top Funding Tip
Understanding Your Investor1.  What stage is your business?2.  What type of investor is best for stage?3.  Know your inves...
Go Raise Money!
Colorado CrowdfundingPart Four: CO Crowdfunding         Workshop
Why take this workshop?
Hard to find Capital
General Solicitation InvestinMyCompany.com
Who is it for?Any business that is ready to raise capitalusing general solicitationAny business that generally seek under$...
FundingLaunchPad.com
Workshop InformationJoin us for our three day intensive program February 11th, 13th & 15thFocus on Form RL, SCOR, Reg A, R...
Sign Up Today!Investment $1497, limited to first 10.If you sign up for session today you also get-a free 1 hour coaching s...
Free Strategy Session• If this is for you, please complete the attached form and return it to me.• I will select 2 applica...
We Make It Easy
Thank youJoin Colorado Capital Formation Meetup for events on allways to raise capital for your business!
Vim	  Consul>ng	  Informa>on	  •    Contact	  Info:	  •    Brian@Vim.biz	  •    303-­‐408-­‐3671-­‐	  Mobile	  Number	  • ...
Colorado Crowdfunding Openshop Innosphere
Colorado Crowdfunding Openshop Innosphere
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Colorado Crowdfunding Openshop Innosphere

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Colorado Crowdfunding Openshop Innosphere

  1. 1. Colorado CrowdfundingPresented by Vim ConsultingThank You Rocky Mountain Innosphere
  2. 2. Agenda•  Introduction•  Overview of Openshop•  History of Crowdfunding•  Five Funding Options•  Top Funding Tip•  CO Crowdfunding Workshop
  3. 3. About BrianPersonalI am a dad with two boys, conscious entrepreneur and committed to myspiritual inner journey, my purpose is to live passionately inspired to createconnection and full engagement, All-American swimmer in collegeProfessional•Visionary in my EZOG Style•I am an entrepreneur - over 20 years of experience•I raised almost $2 million in private equity•Board Member Crowdfunding Professional Associations•Founder, CEO of Vim, Inc•Co-Creator of Funding Launchpad, Vim Insights, Vim Quests, Vim Loft, Vim Events, Vim Startups, Vim Fundability, Vim Lending, Vim SoftwarePrograms: Colorado Crowdfunding Intensive
  4. 4. DisclaimerI am not an attorney, nor play one ontelevision. I am not providing legal adviceand you are advised to talk to an attorneywith any securities transactions you areengaged in.
  5. 5. Colorado CrowdfundingPart One: History of Crowdfunding
  6. 6. What is Crowdfunding?•A collective effort from many individuals tofund a charity, event, business, artist andother projects typically online.•The JOBS Act is a Game Changer–Title II–Title III
  7. 7. Crowdfunding  Worldwide  Image  Credit:  PleaseFund.us  and  crowdsourcing.org  
  8. 8. Types  of  Crowdfunding  •  Micro-­‐Finance  
  9. 9. Types  of  Crowdfunding  •  Peer  to  Peer(P2P)  
  10. 10. Types  of  Crowdfunding  •  Reward  
  11. 11. Types  of  Crowdfunding  •  Equity  
  12. 12. Early  Crowdfunded  Ventures   Irish Loan Fund- 1700s
  13. 13. Poli>cians  Join  the  Act  
  14. 14. Power  of  the  Internet  
  15. 15. $10M  Campaign  
  16. 16. $200M,  5M,  7  Months  Online  Image  Credit:  Gplus.com  
  17. 17. First  $1M  Plus  Equity  Deal  
  18. 18. $128,542,079.00  and  Going  Strong  
  19. 19. Perks  versus  Security    Pros                                              Cons  Pros                                              Cons Perks Based Security Based
  20. 20. JOBS Act- April 5th 2012
  21. 21. Colorado CrowdfundingPart Two: Five Funding Options
  22. 22. Options for Issue1. Form RL-Limited Registration by Qualification2. CO U-7 SCOR-Small Company OfferingRegistration- with Reg D 5043. Regulation A4. Reg D 504 MAIE5. Reg D 506 Exemption Title II JOBS Act
  23. 23. Form RL Key Qualification80% of raise must be spent in Colorado entityMajority of employees based in COAll investors must be CO residentsColorado Entity$1M in 12 monthsEscrow requiredMin/Max
  24. 24. Form RL Registration Key Advantages•  Limited documentation•  Reviewed financials•  The Colorado Division of Securities (DORA) should decide within 14 business days•  $75 filing fee•  Lowest compliance cost option
  25. 25. SCOR Key Qualifications-47 States offer a SCOR, filed underuniformed application U-7-Must file Federal Exemption- Reg D 504-$1M in 12 months-$1.00 per share min-Can require audited financials, ongoingrequirement for audit post funding-Escrow required-Min/Max
  26. 26. Reg A Key Qualifications-Federal Exemption by Review-Complete and File Form 1-A-Reviewed by the SEC-Verbally "Testing the Waters"-Offering Circular required-Currently up to $5M in 12 months-No set requirement for accounting although SEC can require audited-No escrow or min/max
  27. 27. Reg D 504 MAIE-Only generally solicit to Accredited Investors-Must file Reg D 504 with SEC and CDOS-Maximum raise $1M in 12 months--Usually offered through Private Placement Memorandum-There is no qualificationFile MAIE Form with CDOS
  28. 28. Reg D 506-Practically only sell to Accredited Investors-Currently NO advertising or general solicitation- Title II JOBS Act changes this-Usually audited financials are required-Unlimited amount of capital-Usually offered through Private Placement Memorandum-There is no qualification
  29. 29. FormsU-7Form 1-AForm RLForm DMAIE Form
  30. 30. Other DocumentationPrivate Placement MemorandumShareholder AgreementLoan AgreementLeasesPurchase OrdersExpert OpinionsAccounting Opinions
  31. 31. Takeaways•  You have four current options for selling securities to the public now•  In the future with the JOBS Act you will have two more•  Selling securities to the public is only right for some businesses•  Compliance is a significant component of general solicitation•  The Vim Fundability Decision Tree
  32. 32. Colorado CrowdfundingPart Three: Top Funding Tip
  33. 33. Understanding Your Investor1.  What stage is your business?2.  What type of investor is best for stage?3.  Know your investor preferences and past investments4.  Know psychographics and demographics5.  Find a way to get in front of these people
  34. 34. Go Raise Money!
  35. 35. Colorado CrowdfundingPart Four: CO Crowdfunding Workshop
  36. 36. Why take this workshop?
  37. 37. Hard to find Capital
  38. 38. General Solicitation InvestinMyCompany.com
  39. 39. Who is it for?Any business that is ready to raise capitalusing general solicitationAny business that generally seek under$1M in capital Reg A is $5MAny business with lots of CO connections,fans, customers or social networkAny business that simply wants to learnhow to raise capital like a professional
  40. 40. FundingLaunchPad.com
  41. 41. Workshop InformationJoin us for our three day intensive program February 11th, 13th & 15thFocus on Form RL, SCOR, Reg A, Reg D 504 MAIE and Reg D 506 registrations and Crowdfunding modelOnly have 9 slots open for class
  42. 42. Sign Up Today!Investment $1497, limited to first 10.If you sign up for session today you also get-a free 1 hour coaching session prior to workshop-$1000 off FundingLaunchpad.comA total of $1750 free additional value
  43. 43. Free Strategy Session• If this is for you, please complete the attached form and return it to me.• I will select 2 applications to meet with in next two weeks• If you want to stay connected to all of our funding news please sign up for our newsletter.
  44. 44. We Make It Easy
  45. 45. Thank youJoin Colorado Capital Formation Meetup for events on allways to raise capital for your business!
  46. 46. Vim  Consul>ng  Informa>on  •  Contact  Info:  •  Brian@Vim.biz  •  303-­‐408-­‐3671-­‐  Mobile  Number  •  www.StartupGuru.com  •  LinkedIn:  Brian  Tsuchiya  

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