Crowdfunding is the greatest economic opportunity in our lifetime. Economists have predicted the crowdfunding marketplace to grow to $300 billion; some say it can even grow larger. The Jump Start Our Business Startups (JOBS) Act, recent legislation dealing with regulations on investors using crowdfunding, was signed just over a year ago by President Obama and is a “game-changer,” as the president said, for investors nationwide. The JOBS Act limits the amounts individuals and businesses can invest through crowdfunding, but also deregulates the process, making it easier for small businesses to offer equity to investors and easier for people to become investors. Completion of this legislation is at the forefront of the Securities and Exchange Commission (SEC) agenda this year and a great impact, once the details of the act are finalized, can be expected.
Crowdfunding is becoming a popular way for entrepreneurs, startups and businesses not only to raise capital, but generate online marketing programs, conduct product testing, connect with like-minded people and much more. People that don’t take advantage of these opportunities could be leaving money on the table, or worse, spending it unnecessarily. In this presentation, Jason Graf will not only share the basics of crowdfunding -- what it is and how to get involved -- but the opportunities for ancillary service providers as well as the future of equity crowdfunding.