This is the forth post in an ongoing series we’re calling “Entrepreneur Spotlight” where we get the chance to speak with entrepreneurs and listen to their stories. Here we feature Heather Camlin and Kristi Fox of Coco Yoga. You can check out their EquityNet profile here.
What ignited the spark in you to start a new business venture?
Tomorrow at 8pm, we’re adding an extra second to the day. Over the past 200 years, the length of a day has increased by two milliseconds, which is all well and good, but the insane accuracy of the atomic clocks we’ve been using since 1967 doesn’t account for that, so we’ve had to add leap seconds 25 times since 1972. Tomorrow, however, is the first time a leap second will be added during trading hours since markets went electronic.
Whether raising money through equity crowdfunding or rewards-based crowdfunding, follow these three rules for crowdfunding your small business.
Crowdfunding has emerged as a revolutionary new way for entrepreneurs to raise money for their projects. No longer do you need high profile connections or a wealthy network of friends and family. Crowdfunding for business and entrepreneurship reached $6.7 billion last year for more than 40% of total crowdfunding volume, according to the 2015 Massolution Crowdfunding report.
In a first, the SEC has proactively approached several businesses to investigate failures in cybersecurity that may have created a new method of insider trading. The Commission’s investigation, along with a probe by the Secret Service, is focused on a group they’re calling FIN4 which they suspect to have broken into corporate email accounts to steal confidential information about mergers and acquisitions. Naturally, the SEC declined to comment exactly how broad their investigation is, or really anything else on the matter.
Arguably, labor markets are stronger today than they have been in the past 20 years, but expectations of financial security for many of us are virtually non-existent. As ZH readers are no doubt aware, despite job numbers being “up” 280,000 last May, and average annual wages increasing 2.3 percent, Americans are still having a difficult time finding full-time work that pays a livable wage.
Many of the jobs that have been created since 2009 have been part-time or temporary. Since the recession, companies haven’t invested in equipment (software, machinery, etc.) that would allow for more productivity; the funding isn’t there. So, these companies are forced to hire cheap part-time labor which ends up looking like job growth, but puts a vast number of people in a position of constant underemployment.
The government is prepared to finally enact one of the remaining (and arguably most important) two titles of the US JOBS Act. Regulation A+, as it’s colloquially known, is an amendment to the existing, albeit anemic, Regulation A exemption. A+ increases the total amount of capital a company can raise from $5 million to $50 million in a 12 month period, but comes with several caveats that won’t make it a feasible fundraising method for most startups.
This is the third post in an ongoing series we’re calling “Entrepreneur Spotlight” where we get the chance to speak with entrepreneurs and listen to their stories. Here we feature Hap Self of Whirly Golf. You can check out their EquityNet profile here.
Etsy, an online marketplace for handmade and vintage goods, announced yesterday a pilot program, called Fund on Etsy, to crowdfund new products. From June 16 to August 16, a select number of sellers can use the site to raise capital for the manufacture of their new products.
This new crowdfunding program comes at a time when the site is in dire need of a new revenue stream. Despite a strong IPO debut in April, shares have dropped almost every day from $35.74 on the first day of trading to $16.08 today. Etsy announced they will take a 3.5 percent of each transaction along with a 20 cent posting fee.
This is the second post in an ongoing series we’re calling “Entrepreneur Spotlight” where we get the chance to speak with entrepreneurs and listen to their stories. Here we feature Brad Kittel of Tiny Texas Houses. You can check out their EquityNet profile here.
EquityNet founder and CEO Judd Hollas recently spoke at the Second Annual Crowdfund Global Expo in San Diego, California. The Expo provided attendees with an unparalleled, comprehensive overview of the global crowdfunding industry.