Author

Topic: SEC gives thumbs up on criwdfunding (Read 1043 times)

sr. member
Activity: 271
Merit: 250
November 02, 2015, 07:30:19 AM
#9
According to the announcement:

"There is a great deal of enthusiasm in the marketplace for crowdfunding, and I believe these rules and proposed amendments provide smaller companies with innovative ways to raise capital and give investors the protections they need,” said SEC Chair Mary Jo White. “With these rules, the Commission has completed all of the major rulemaking mandated under the JOBS Act.”

So the key is how to protect investors.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
November 01, 2015, 11:58:35 PM
#8
WOW, this is cool. The IPO market just got a lot more accessible to casual or cause-passionate investors.

Of course now there will be more novice investors taking greater risks, but the burden of caution is with the buyer, no? Let the buyer beware, yes?
hero member
Activity: 770
Merit: 504
November 01, 2015, 06:30:05 PM
#7
Finally! The crowd funding bill has passed!
Now normal people can actually invest in businesses. Bitcoin will no doubt find utility in this new space.

http://www.sec.gov/news/pressrelease/2015-249.html


 
 
I am curious what (if any) affect this will have on altcoins. 
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 01, 2015, 04:41:32 PM
#6
Finally! The crowd funding bill has passed!
Now normal people can actually invest in businesses. Bitcoin will no doubt find utility in this new space.

http://www.sec.gov/news/pressrelease/2015-249.html



This is a good news for Bitcoin and all of the crypto. I know that NXT guys were very worried about legality of the crowdfunding on their asset exchange. They have issued many, many assets and they were never at ease about doing this.

I am sure they are very happy to learn this. Of course, not just them, this is a great thing for Bitcoin as well.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
November 01, 2015, 10:31:02 AM
#5
OK, RodeoX, you have almost assigned to yourself a new thread: "New Bitcoin Startups Looking for Crowdfunding"

This may very well change the dynamic here, I would welcome looking at new ideas.  It's too late for factom.org for example, that would have been an interesting investment idea for small investors.

Great find!  + 100

I bet your right. I can imagine lots of solicitations for startups here. Personally I would like $2.1million for my project to end world hunger. I will use the funds to live at a beach resort while I think up ideas. I always think better while drinking margaritas on the beach. heheh

Great news! Now small people without much money to start with will soon find their place in business. Also, bitcoin crowdfunding would surely get its traction with this kind of news. +1
It is exciting news. This has been fought over for years by the investor class. They would greatly prefer that you go to work and make profits for their portfolios. Now you can compete with them through crowdfunding.
Those not familiar with this may not see why it's a big deal. Up until this new ruling the *only people who could legally invest in a business were "qualified investors". And what qualifies an investor? Wealth, that's all. You needed to have 1million dollars in the bank and be able to show that you will likely make 1million dollars this year.
Now think about how insulting that is. The assumption is that if you are rich you will be a good investor, if you are poor you will only screw it up. So to protect you, you are forbidden from investing. If I had a P.h.D in investing but no money I could not invest. If I had down syndrome and a million dollars I would be welcomed as someone who surely will know how to manage money.
Now most anyone will be able to set up an account at an "crowdfunding portal" and place their bets by funding start-ups or expansions of existing businesses. If they profit, so do you! This is not like kickstarter, you are not donating but actually investing. Best of all the rich have already set up an unholy tax regime that will let you keep more of your money than the money you work your ass off to get. 
For small businesses, especially those who have trouble getting funded because they are controversial or disruptive, crowdfunding offers new options. This is a big deal.

You can find out more here: http://www.crowdfundinsider.com/category/crowdfunding-portals/

*There are a few ways you could invest. Such as if you were a member of a co-op, you could invest in that co-op.
legendary
Activity: 3542
Merit: 1352
October 31, 2015, 11:48:47 AM
#4
Finally! The crowd funding bill has passed!
Now normal people can actually invest in businesses. Bitcoin will no doubt find utility in this new space.

http://www.sec.gov/news/pressrelease/2015-249.html



Great news! Now small people without much money to start with will soon find their place in business. Also, bitcoin crowdfunding would surely get its traction with this kind of news. +1
legendary
Activity: 2968
Merit: 1895
October 31, 2015, 11:44:26 AM
#3
Finally! The crowd funding bill has passed!
Now normal people can actually invest in businesses. Bitcoin will no doubt find utility in this new space.

http://www.sec.gov/news/pressrelease/2015-249.html





OK, RodeoX, you have almost assigned to yourself a new thread: "New Bitcoin Startups Looking for Crowdfunding"

This may very well change the dynamic here, I would welcome looking at new ideas.  It's too late for factom.org for example, that would have been an interesting investment idea for small investors.

Great find!  + 100
Pab
legendary
Activity: 1862
Merit: 1012
October 31, 2015, 11:14:19 AM
#2
Finally! The crowd funding bill has passed!
Now normal people can actually invest in businesses. Bitcoin will no doubt find utility in this new space.

http://www.sec.gov/news/pressrelease/2015-249.html


Nice in Europe is opposit,EU is working on legislation what will equal crowdfunding with stock investing,
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
October 31, 2015, 08:51:04 AM
#1
Finally! The crowd funding bill has passed!
Now normal people can actually invest in businesses. Bitcoin will no doubt find utility in this new space.

http://www.sec.gov/news/pressrelease/2015-249.html

Jump to: