Below is an article by Bankless Times entitled “Crowdfunding leaders talk about the near future at San Diego conference”
Crowdfunding leaders talk about the near future at San Diego conference
By: Tony Zerucha, Bankless Times
Feb 4, 2014
Industry experts from several sectors spoke on the current state of crowdfunding and where they see it headed in 2014 at a morning roundtable at the Global CrowdFund Expo Friday in San Diego.
EquityNet CEO Judd Hollas compared crowdfunding sites to online dating in the sense there are a few major players alongside many more niche sites catering to specific subsets. A key to success will be regulatory compliance, he says, while also citing the importance of education and of raising awareness for what crowdfunding means to entrepreneurs. Community building, investor education and client preparation will be key facets of successful platforms. Mr. Hollas suggests people to look back to the 1990's and the emergence of companies like E-Trade. They focused on education, analytics, and anything that empowered people to make their own decisions without an adviser’s help.