Four long years after the passage of the JOBS Act, equity crowdfunding will finally become legal in May! Having heard from both proponents and critics of this innovative approach to raising capital, the Securities & Exchange Commission (SEC) has issued its final rules and is preparing for the anticipated surge of offerings.
Although the SEC’s rules brought relief in certain areas, everyone acknowledges that equity crowdfunding is a far different animal than rewards-based crowdfunding made popular by websites like Kickstarter and Indiegogo.
While equity crowdfunding has the power to democratize the funding process, success will require not just adherence to the new rules, but the ability to offer a compelling story – one that goes beyond the simple promise of a return on investment.
Snell & Wilmer invites you to the next program in the Emerging Business Seminar Series, where partner Brian J. Burt will discuss how to raise capital with crowdfunding. For more information, and to RSVP, click here.