Below is an article by
Tech Cocktail (techcocktail.com) entitled "Once President Signs Bill, EquityNet Will Offer Crowdfunding For Startups". The article lists EquityNet as one of the
leading crowdfunding sites and notes EquityNet's distinguished analytics as the key to crowdfunding success.
Once President Signs Bill, EquityNet Will Offer Crowdfunding For Startups
By: Kira M. Newman
April 3, 2012
As we reported
yesterday, the president is expected to sign a bill on Thursday to allow
crowdfunding for startups from non-accredited investors (i.e., you and me).
Once this happens and
the SEC details the rules, EquityNet will be one of the first sites to allow
this new crowdfunding. The site has already seen $50 million crowdfunded from
accredited investors, who can use its analytics and tools to manage their
EquityNet CEO Judd Hollas is an advocate of crowdfunding. “Raising capital is
usually the most challenging, time-consuming, and limiting aspect of starting
and running a young business,” he wrote. With mass crowdfunding, potential
investors could soar from 2 million to 50 million, and available capital from
$1 trillion to $5 trillion.
But do we really need
more money in the market, and hence more startups – when they’re already a dime
Hollas acknowledges that the wrong companies
will sometimes get funded, and new investors will sometimes lose money. But, he
says, that will be outweighed by better-funded startups, more jobs, and more