Crowdfunding - Jobs Act- The JOBS Act in Action: Equity Crowdfunding Debuts in 2017




Positive Phil Show show

Summary: Positive Stocks Podcast Our Weekly Podcast will outline weekly fundings and feature companies looking for investors and investors looking for something positive to invest in. Competition to attract new investors is intense and difficult. As a result, successful companies are turning to demand generation strategies as a tool to attract new investors. Whether it‘s for yourself, your company, or your clients – if you want to make sure you have accurate investor awareness representation, this podcast will help. We are focused on spotlighting interesting topics related to venture funding, positive companies, and industries that otherwise may be difficult to identify to contribute to greater transparency, exposure, and opportunity. We lay everything down in front of you and show you exactly what has to happen. 
⇒We’ll use math to show you how much investor traffic we can drive to your company and how that visibility converts into sales or investment dollars. For Investors www.positivestocks.com Positive Phil Mentions: FreshBooks is offering a month of unrestricted use to all of our listeners ­ totally free right now.... and you don’t need a credit card for the trial. ● To claim your free month, go to www.FreshBooks.com/phil and enter POSITIVE PHIL in the “How Did You Hear About Us?” section. Putting the JOBS Act to work Last month, the Securities and Exchange Commission finally published the rules for "Title III" of the 2012 Jumpstart Our Business Startups Act, or JOBS Act. Beginning sometime early next year, privately owned start-up companies will be permitted to raise up to $1 million annually by selling shares directly to small investors through a process called "equity crowdfunding." At the same time, we investors -- previously locked out of this pre-IPO market -- will be permitted to invest, in ascending order: $2,000 annually, spread across as many crowdfunding investments as we like. Or 5% of the lesser of our annual income or our net worth, if that works out to more than $2,000. Folks who both earn more than $100,000 annually and have $100,000 or more in net worth may invest 10% of the lesser of annual income or net worth. The SEC plans to begin registering "funding portals" -- the JOBS Act equivalent of the online brokers where you can buy and sell publicly listed stocks -- on January 29, 2016. And a few months later, probably as early as next summer, the floodgates will open on equity crowdfunding. How will it work? From an investor's point of view, the first step in equity crowdfunding will probably consist of logging onto a funding portal and buying shares in a start-up. According to KoreConX, a new company that is itself aiming to facilitate the process of equity crowdfunding, the biggest portal names today are Offerboard, CircleUp, SeedInvest, Agfunder, MicroVentures, Seedrs, and Folio.