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2016 | OriginalPaper | Buchkapitel

7. Portals

Crowdfunding Industry Model Portal(s)

verfasst von : William Michael Cunningham

Erschienen in: The JOBS Act

Verlag: Apress

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Abstract

In order to crowdfund, you need a portal. In this chapter, I expand on the JOBS Act rules governing these critical entities. I also review our estimates, based on SEC data, for total revenue and profit by platform type and for the industry as a whole.

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Fußnoten
1
This financial interest is legal only if it is “compensation for the offer/sale of securities.” Direct investments in companies offering securities on a platform are prohibited. To be legal, these securities must be “the same class … and same terms as those in the offering.”
 
2
According to the SEC, “an ‘investment company’ is a company (corporation, business trust, partnership, or limited liability company) that issues securities and is primarily engaged in the business of investing in securities.” See www.​sec.​gov/​answers/​mfinvco.​htm.
 
3
Colleen Taylor, “Indiegogo Raises $15 Million Series A to Make Crowdfunding Go Mainstream,” TechCrunch, June 6, 2012, http://​techcrunch.​com/​2012/​06/​06/​indiegogo-funding-15-million-crowdfunding/​.
 
4
Om Malik, “Kickstarted: My Conversation with Kickstarter Co-Founder Perry Chen,” Gigaom, May 22, 2012, http://​gigaom.​com/​2012/​05/​22/​kickstarter-founder-perry-chen-intervie/​. Om: With the JOBS Act, there is a lot of talk about Kickstarter being used for crowdfunding of startups, etc. What do you make of all that talk?
Perry: Some people have made assumptions about what we would do. We’re not interested in that model.
 
5
“Raising Capital Online: The New Thundering Herd,” The Economist, June 16, 2012, http://www.economist.com/node/21556973 .
 
Metadaten
Titel
Portals
verfasst von
William Michael Cunningham
Copyright-Jahr
2016
Verlag
Apress
DOI
https://doi.org/10.1007/978-1-4842-2409-0_7

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