Crowdfunding: Now Even Uncle Irving Can Be A Venture Capital Investor
Crowdfunding, the web-based version of pass-the-hat financing to raise small amounts of cash for charitable and artistic projects, will soon be available for small businesses. The federal JOBS (Jumpstart Our Business Startups) Act was signed into law, and will become effective as soon as the Security and Exchange Commission issues regulations.
What does this mean for early-stage entrepreneurs, the optimists who want to back them, and the professionals who advise both groups? Come hear the answers at the California Capital Summit meeting on Friday morning, June 5.
Moderating the panel will be David Drake, a Partner and Chairman of LDJ Capital, which provides advisory services in energy, infrastructure, real estate and internet media. David is founder of The Soho Loft’s Capital Creation Series of meetings on Crowd Funding, and of the Private Company Marketplace. He is a founding board member of Crowdfund Intermediary Regulatory Advocates, or CFIRA, was established following the signing of the JOBS Act to help establish industry standards and best practices.
Our panelists are:
Chris Fure, Partner and the Head of Development for Los Angeles-based Wonder Animation, Inc. Previously Chris was a partner and the Vice President of Business Development for TransGlobal Ventures. Earlier he was a partner and the Executive Producer of RCA/Iceberg recording artist SISTA SISTA. Currently he also serves as Director of Development for the Abundant Seas Foundation. Chris earned a MBA from NYIT and a BA from UC Berkeley.
Renee E. Becker, a Partner in the Corporate & Finance group of Manatt Phelps Phillips. Renee’s practice focuses on mergers and acquisitions, securities, public and private equity offerings and general corporate representation of clients. She also advises clients and their boards of directors on corporate governance and corporate strategy. Renee is a cum laude and Phi Beta Kappa graduate of Ohio State, studied international business law at the Sorbonne, and earned her law degree at Stanford.