Title III crowdfunding is officially becoming the other variant of investment crowdfunding along with Title II and Title IV (Reg A+) already this May. Even though this will create a more vibrant capital ladder for companies seeking to raise capital using the internet, within the industry the views vary. By some Title III is viewed as critically flawed while others believe it will emerge slowly as participants adapt and find ways to accommodate the most challenging aspects of the exemption. According to recent information provided to Crowdfund Insider, approximately 30 platforms have applied to the SEC to operate as a funding portal. Of these platforms, less than two dozen have completed the filing with FINRA. None of them were deemed complete and remain in process. Interestingly, some of the more “visible” platforms have not (yet) submitted applications.
But let’s leave this stuff for lawyers and policy makers and take a look at something that most of these platforms focus on – equity crowdfunding implementation. Among all of the issues being discussed, there are some things that both novel investors and businesses raising money should think through. Keep reading this post
This week the StartWise Team had the amazing opportunity to talk to Chris Anderson, Brewmaster and Co-Founder of Fargo Brewing Company, the first craft brewing company in North Dakota and they started with a one-two barrel system. We discussed the state of the craft brewing market, funding issues breweries face and how does the beer-lover world works.
Some of our favorite quotes from Chris:
“You make great beer – and do it over and over and over again”.
“Brewing is a hard thing to do, but this is my favorite thing.” Keep reading this post
Being a part of MergeLane Accelerator program, StartWise team spent last 11 weeks in Colorado. It is a truly Naturally Entrepreneurial State. After looking into approx. 1000 local companies, we came across a few that caught our attention. Some of them are driven by a mission to make the world we live in more supportive and appreciative; others simply came up with an interesting up to date project. What unites them, is the opportunity to address different issues with innovative solutions that work. So here they are:
Sword and Plough is a socially conscious brand that works with American manufacturers who employ veterans. The company recycles military surplus, incorporates that fabric into stylish bag designs and donates 10% of profits back to veteran organizations. Keep reading this post
Starting and growing a business requires capital – what if you are a small business and investors are not chasing you yet? Here are some ways that successful entrepreneurs use to fund their companies.
Self-funding – most entrepreneurs get initial funding for their businesses using savings accounts and zero interest credit cards to leveraging other personal assets. If you believe in your vision, you should feel comfortable investing you own money into the business. In turn, this will make potential investors more comfortable knowing you have skin in the game. Keep reading this post