What if the Oculus Rift Kickstarter backers had received equity instead of perks?†
Moderator: Georgia Quinn, Senior Associate, Seyfarth Shaw
Thomas Sheldon, Executive Vice President, Regulatory Policy, Financial Institution Regulatory Association (FINRA)
Ryan Feit, Founder and CEO, SeedInvest
Host: Kiran Lingam, The Indus Entrepreneurs (TiE)
*Light dinner and beer/wine to be served
***TIE CHARTER AND ANNUAL MEMBERS - CLICK HERE TO REGISTER FOR FREE***
Come and learn from our panel of crowdfunding experts how you may soon be able to use equity crowdfunding to fund your startup. ¬†Those interested in investing in crowdfunding, starting a crowdfunding portal, creating other products and services related to crowdfunding would also greatly benefit from this event.
On October 23, 2013, the Securities and Exchange Commission proposed rules to implement Title III of the JOBS Act, setting the stage for legalized equity crowdfunding. ¬†Once effective, companies will be able to raise up to $1,000,000 per year in exchange for equity or debt in hundreds or thousands of small investments from the masses (i.e. 'Kickstarter' style)
The act creates new opportunities for entrepreneurs seeking to raise capital and across a variety of verticals serving this new industry (crowdfunding portals, payment solutions, escrow services, due diligence services, advisory services... the list goes on and on).
While the act opens up many possibilities, it comes laden with regulation, disclosure requirements, and increased liability exposure. Anyone seeking to take advantage of these opportunities must have a good understanding of the legal, regulatory, and market framework that is developing right before our eyes.
TiE is the largest non-profit for entrepreneurs in the world with 13,000 members, including over 2,500 charter members in 57 chapters across 14 countries. TiE's singular mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE¬ís focus is on generating and nurturing our next generation of entrepreneurs.
'TiE Bootstrap' is a focused series of panel discussions and workshops for entrepreneurs considering a new venture or in the growth stage. In the panel discussions we will hear from leaders and peers on their experiences, best practices, actionable strategy and tactical advice..
Seyfarth Shaw LLP¬†is a global law firm that is at the forefront of crowdfunding. As a new and evolving concept in capital raising, we have been involved since the law¬ís inception and are helping clients navigate the new landscape. The firm is actively engaged with both issuers and intermediaries and creating best practice standards to ensure compliance in this developing industry.
¬†Silicon Valley Bank has been dedicated to supporting the innovation sector and helping entrepreneurs succeed in the technology, life science, venture capital, private equity and premium wine industries for nearly 30 years. SVB Financial Group provides clients with diversified financial services, including commercial, investment, international and private banking; funds management; broker-dealer transactions; valuations and equity management; and asset management
¬†It's not easy to grow a business ¬ó long hours, tough decisions and increasingly complex challenges fill your days. Citrin Cooperman understands this. We are a nationally recognized full-service accounting, tax, and business advisory firm headquartered in New York City.¬† We've built our business helping entrepreneurs find smart solutions for over 30 years. Guiding you through each phase of your company¬ís development, we¬íll examine your financial structure, advise on ways to boost profits and enhance operations, and provide new perspectives on the strategies that will help you succeed. For more information about our services, visit us at www.citrincooperman.comor at @citrincooperma