Archives

Next Generation Funding: $50K – $5MM

Oxford Valuation Partners, Crowd Valley and KPMG featured experts, Kim Wales, founder of Wales Capital, Douglas Ellenoff, senior attorney with the firm Ellenoff, Grossman & Schole, Nicolas Hodge, Partner at K&L Gates, Alejandro Cremades, founder of RockThePost, Vamsi Sistla, CTO of CrowdValley and an Angel Investor with the ARC Angel Fund and Daniel Miller, Co-Founder of Fundrise, who are at the cutting edge of this new field, Crowdfund investments. Together they discussed and debated the landscape of funding options and how quickly it changing. Driven by new SEC no-action letters and changes stemming from the JOBS Act that is permitting a broader scope of activity in the space outside of the traditional networks.  The current focus seems to be on platforms that link Accredited Investors and investment opportunities, while more retail options are being developed since the final rulemaking process for Title III remains underway.

http://crowdfunding-university-baruch-newyork-57.eventbrite.com/

SEC’s White Said to Push for Lifting Ban on Hedge-Fund Ads

White, who became SEC chairman on April 10, 2013, has suggested the commission pass the existing plan without major changes and add additional protections later, said the people, who declined to be identified because the deliberations are private. The approach would placate congressional Republicans who have complained the SEC has slow-walked the rule, which was required to be completed by July 2012.

http://mobile.bloomberg.com/news/2013-04-26/sec-s-white-said-to-push-to-lift-ban-on-hedge-fund-advertising.html

Google Invests in Lending Club

Google led a $125 million deal to buy a stake in the Lending Club from existing investors valuing Lending Club at $1.55 billion – nearly triple the valuation of the last fund-raising round that closed last summer. This is a defining moment for the crowdfund investing industry; if you are not aware, it is this new alternative asset class that is positioned to democratize the capital markets under the Jumpstart Our Business Startup Act.

Click here to read the full WSJ article:  http://blogs.wsj.com/digits/2013/05/02/google-makes-strategic-investment-in-lending-club/