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CAPITALIZING ON CROWDFINANCE
Atlanta Technology Angels Event:
The changing angel investing landscape: implications for you and ATA
November 20, 2014
www.daraalbright.com / email@example.com / twitter: @tothestoics / linkedin.com/in/daraalbright/
CROWDFINANCE NEED NOT BE FEARED
•Crowdfinance is creating an abundance of new opportunity for underwriters, issuers and investors of all sizes
SO WHAT EXACTLY IS CROWDFINANCE?
It is simply conventional finance but instead of capital coming from big institutions or Government entities, modern technology and new securities regulations have made it possible for businesses to raise capital by pooling small amounts of monies from a large crowd of individuals
JUST LIKE CONVENTIONAL FINANCE…
•crowdfinance can be structured as debt or equity
•and it can be broken into three main sub categories:
•personal (consumer) finance
•P2P Lending, Peer-2-Peer Lending
•Crowdfunding, P2B Lending, Peer-2-Business Lending
CROWDFINANCE IS WHAT BUILT AMERICA
Crowdfinance is governed by the same principle that enabled America to transform from a vast farmland into the greatest economic superpower in the history of the world: Granting citizens the freedom to invest in the ingenuity of their fellow citizens
AMERICA GOT SIDETRACKED
DYSFUNCTIONAL EQUITY MARKETS
IN ORDER FOR ALIBABA’S IPO
INVESTORS TO REALIZE THE SAME
RETURN AS INTEL’S IPO INVESTORS,
ALIBABA WILL NEED TO BE TRADING
AT A $480 TRILLION MARKET
CAPITALIZATION –6 TIMES MORE
THAN THE GDP OF EVERY COUNTRY
ON THE PLANET COMBINED!
DYSFUNCTIONAL CAPITAL MARKETS HAVE EXACERBATED THE WEALTH DIVIDE
BROKEN CREDIT MARKETS
•Banks aren’t lending
•Conventional fixed-income returns are miniscule
•Emerging businesses are desperate for capital
•Investors are starving for yield
CROWDFINANCE IS RIGHTING DYSFUNCTIONAL CAPITAL MARKETS BY COMBINING MODERN TECHNOLOGY WITH MORE DEMOCRATIC SECURITIES REGULATIONS
Orchard Platform’s “Lendscape” depicting the rapid maturation of the P2P & online lending industry, and highlighting its key players.
•In March 2013, two key SEC no-action letters were issued –one to FundersCluband the other to AngelList. Both letters served to validate new revenue models that would enable accredited investor crowdfunding platforms to receive contingent compensation without having to register as a broker-dealer. The approved co-investment business models are based on a backend carry (interest in the profits of the fund) with no management fees, and essentially allow unregistered portals to function as “online venture capitalists”.
“Since no one is smart enough to predict the ripple effects of game-changing technologies, it’s important that we have a capital markets system that provides opportunity for a wide range of businesses. Only by having lots of balls in the air will we increase our odds of capitalizing that one company that may very well save mankind.” –Dave Weild, Former Vice Chairman of NASDAQ & Chairman of IssuWorks