Legal Stuff (Equity Crowdfunding) Explained in DumboBy http://profile.typepad.com/1237764140s22740 // October 12, 2012 in Crowdfunding
Along with Larry Baker of Bolstr and David Rose of Gust and New York Angels, I'm slated to speak Thursday next at "Legal Stuff Explained 2.4: Equity Crowdfunding," a free event at the NYU-Poly Incubator space in Brooklyn. Dumbo, to be more precise.
The event has been organized for Docracy by Veronica Picciafuoco, who will moderate. Veronica's write up is excellent:
"How do you get started raising capital through crowdfunding? What is legal at this point in time? Should you even do it?
"The JOBS Act of 2012 is about to make it possible for the everyman to invest in a startup or a business venture. Because of the complicated nature of this new type of crowdfunding, there are lots of questions about how raising money will be different post-JOBS Act implementation. Learn about the consequences of the JOBS Act so far, what it will mean for startups and investors, and how the crowdfunding model has changed. Hear crowdfunding experts . . . talk about:
- What parts of the JOBS act are already effective, and which are on hold until the SEC rules are written?
- How has the JOBS Act changed general solicitation?
- Can startups advertise a financing?
- What liability will there be if an investment is a fraud or a flop?
- Will venture capital firms or angel investors be affected at all by the JOBS Act?"
The event is a promising and actually relatively rare public opportunity to consider, side-by-side, what the JOBS Act does for accredited investors, and what it fails to do for non-accredited investors.
If you're in New York City next Thursday, please come. If you know people in New York might be interested, let them know about it.