Since mid-June, Ben Powell’s Manhattan firm, Motive LLC, has attracted more than $12,500 from 370-plus backers for its product, a stylus to handwrite notes and draw on the iPad. Like other small businesses that have won over supporters through Kickstarter, a crowdfunding site for companies seeking to raise money online from individuals, Mr. Powell rewards backers with small gifts. Motive, for example, provides everything from a single black stylus for …Read More
JOBS Act Hearings Prepare the U.S. for Expanded Crowdfunding Market
Last month I spoke to the leaders of RocketHub, a popular crowdfunding platform, about the efforts they and others supported by the Crowdfunding Professional Association (CfPA) are making to advance the rules and safeguards for expanding Crowdfunding to equity crowdfunding for businesses with the implementation of the JOBS Act in 2013. Mr. Alon Hillel-Tuch testifies to the SEC regarding the crowdfunding aspects of the JOBS Act in Congress on June 26. While the actual implementation …Read More
Entrepreneurs Mark Your Calendar for the First Annual Crowdfunding Bootcamp Event
Today is a very special day because we finally get to announce details surrounding the first annual Crowdfunding Bootcamp™ and CfPA Convention which will take place this October at the Ravella Resort and Spa in Lake Las Vegas. If you’re an entrepreneur looking to crowdfund for equity early next year then this event is for you! Presented by CrowdfundingRoadmap and the Crowdfunding Professional Association (CfPA), it’s already being referred to as the most anticipated crowdfunding …Read More
The JOBS Act, Crowdfunding And Women – What’s Ahead And How To Get Involved
The recent news about the signing of the JOBS ACT bill created as much excitement as confusion through the entrepreneurial and investment community. Dana Mauriello does a great job here putting into simple terms what the new legislation means and what perhaps this could mean for entrepreneurs. The truth is, there is still much work to be done by the SEC and numerous organizations in order to figure out the details behind crowdfunding. …Read More
Getting your Business Funded – Notes from Crowdfunding Made Simple Address
Last week I delivered the keynote address at the first Crowdfunding Made Simple conference in Salt Lake City, sponsored by theCrowdfunding Professional Association (CfPA). The CfPA plans another Salt Lake City event within the next several months. The first event was well received by more than 200 attendees. The slides from my presentation are available at http://www.slideshare.net/cconner01/crowdfunding-made-easy-conference-may-31-2012-slc. I was asked to give the audience a high level overview on the various sources …Read More
Suggested Investor Protections for Equity Crowdfunding
CfIRA representatives have already met with the members of the Corporate Finance, Trading and Markets and Office of the Compliance Inspection Divisions of the SEC. Our interest was to hash out new rules and regulations governing crowdfunding. The process is ongoing, and this meeting was just the start. In this series, we’ll lay out some of the important points covered, our concerns and suggestions. Any workable crowdfunding regulation will require an …Read More