Monthly Archives: January 2014

As Comment Period Closes, Debate Over Equity Crowdfunding Rules Rages On

Reprinted from Reuters Fri Jan 24, 2014 5:22pm EST  The official period of public debate over equity crowdfunding is nearing an end, but don’t breathe easy just yet. The controversy is hardly over. When President Barack Obama signed into law the Jumpstart … Continue reading

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Legislation Allows Michigan Companies to Raise Capital, Avoid Federal Crowdfunding Rules

Reprinted from National Law Review Article By: Seth W. Ashby, Kimberly A. Baber, Jacob A. Droppers, Harvey Koning, Michael G. Wooldridge of Varnum LLP posted on: Thursday, January 23, 2014 Effective December 30, 2013, Michigan Gov. Rick Snyder enacted into law Public Act 264 of 2013 (the “Act”). … Continue reading

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OUTSTRETCHED HANDS: IS CROWDFUNDING REALLY MORE THAN ONLINE PANHANDLING?

Reprinted from Las Vegas Weekly OUTSTRETCHED HANDS: IS CROWDFUNDING REALLY MORE THAN ONLINE PANHANDLING? Mike Prevatt Thu, Jan 23, 2014 (midnight) I’m feeling the burn of the beg. It seems everyone from the needy to the philanthropic, the destitute to the … Continue reading

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Private Equity Interest in Crowdfunding Grows, Including Bain Capital

Crowdfunding : Interest Among Serious Finance Players Grows Reprinted from International Business Times By Nat Rudarakanchana on January 23 2014 12:24 PM Interest in crowdfunding from traditional finance players like private equity’s Bain Capital is growing, even though skeptics have downplayed … Continue reading

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Intrastate Crowdfunding Exemption Treatment in Alabama

Alabama SB44 – Intrastate Crowdfunding Exemption

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1.16.14 “SEC’s Crowdfunding Proposal: Will it Work for Small Businesses

Hearing on Crowdfunding held on January 16, 2014 by the House Committee on Small Business Subcommittee on Investigations, Oversight and Regulations.  Witnesses discussing crowdfunding included: 1.  Jason Best (author of “Crowdfunding Investing for Dummies” and tech entrepreneur) who thought the audit … Continue reading

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The Roar of the Crowd

Reprinted from Economist TWENTY-FOUR hours into a crowdfunding campaign, your correspondent became nervous. He had launched an effort on Kickstarter, the largest player in rewards-based collaborative project funding sites, to fund the production of hardcover and electronic books that collected … Continue reading

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Crowdentials Wants to Make Investor Verification ‘TurboTax Easy’ Online

Reprinted from Wall Street Journal By LORA KOLODNY An Ohio startup called Crowdentials Inc. has raised $300,000 for technology that verifies accredited investors online so that when they attempt to put their money into startups, funds or other assets, the process goes smoothly, … Continue reading

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SEC’s Proposed Crowdfunding Regulations: Six Deadly Sins

Reprinted from Crowfund Insider January 9, 2014 @ 4:00 pm By Samuel S. Guzik, The Crowdfunding Counselor HOW TO MAKE THE SEC REPENT BEFORE IT IS TOO LATE. In a previous article in Crowdfund Insider on November 4, 2013, I identified a number of … Continue reading

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Best And Neiss: Crowdfunding Will Change The World

When Jason Best and Sherwood Neiss helped lead the charge to launch investment crowdfunding in the U.S. they couldn’t have guessed at its global impact. Now, having completed a months-long report to the World Bank on the likely economic impact of crowdfunding … Continue reading

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How to Keep Your Business Lean and Profitable

Reposted from Fox Business By Peter Baumgartner Published December 23, 2013 FOXBusiness, The Young Entrepreneur Council (YEC) In many ways, “stay lean” has become the new American motto. People everywhere are trying to stay lean through diet, exercise or banishing meaningless … Continue reading

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Alternative Lenders Peddle Pricey Commercial Loans

Reprinted from the Wall Street Journal With Credit for Businesses Tight, Nonbank Lenders Offer Financing at a Price By IANTHE JEANNE DUGAN and RUTH SIMON Updated Jan. 7, 2014 11:03 p.m. ET When Khien Nguyen needed $180,000 to open his 13th … Continue reading

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Dino owners hope to crowd-fund their next project

Reprinted from Washington Business Journal Jan 6, 2014, 2:53pm EST UPDATED: Jan 6, 2014, 5:12pm EST Dino owners hope to crowd-fund their next project Rebecca Cooper Staff Reporter-Washington Business Journal It’s been a few weeks since Dino owners Dean Gold and Kay Zimmerman said they will close … Continue reading

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What’s the deal with crowdfunding investments?

Reprinted from NEW YORK (CNNMoney) A rule changed in September that transformed the way small business owners can seek investment, but it appears to be flying under the radar. The new rule allows private companies to publicly advertise that they … Continue reading

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A Year End Look at the JOBS Act

Reprinted from JDSupra 1/2/2014 by Anna T. Pinedo, James R. Tanenbaum   2013 has proven to be a strong year for IPOs.  According to a recent PWC study, total IPO volume for 2013, as of December 17, reached 237 public … Continue reading

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It might cost you $39K to crowd fund $100K under the SEC’s new rules

Reposted from Venture Beat It might cost you $39K to crowdfund $100K under the SEC’s new rules January 2, 2014 2:14 PM Sherwood Neiss, Crowdfund Capital Advisors On October 23, 2013 the Securities and Exchange Commission (SEC) issued the proposed rules … Continue reading

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2013 Crowdfunding Predictions Revisited

Reprinted from Forbes Last December, I ventured out onto that proverbial limb and made a few predictions about what 2014 was likely to hold for crowdfunding. Now that the New Year is almost upon us, it’s time to revisit these predictions. Let’s see … Continue reading

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Michigan Governor Signs Intrastate Crowdfunding Exemption

Reprinted from Forbes. Yesterday Governor Rick Snyder signed Public Act 264 which establishes an intrastate exemption for crowdfunding in the state of Michigan. This allows Michigan residents to invest in businesses that reside within their state through crowdfunding platforms, essentially circumventing … Continue reading

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