#422: Insights for Women on Raising Money From the Right Investors
Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/1TZspoE. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. The JOBS Act Title III provisions allowing the crowdfunding of investments from ordinary investors finally went into effect in May, four years after the bipartisan bill was signed into law by President Obama in April 2012. The Security and Exchange Commission issued “Regulation Crowdfunding” last fall with an effective date of May 16, 2016. Those wishing to take advantage of the new law are required to issue their securities through a FINRA-registered broker dealer (investment bank) or via a registered “portal.” Attorney Jenny Kassan helps social entrepreneurs, especially women, raise money under not only Regulation CF but other regulations that allow for similar offering structures, some that are easier to use. Jenny’s clients include Lynn Johnson and Jessica Nowlan, entrepreneurs who each have an interest in raising money for her small business. Lynn is the Co-Founder and CEO of Spotlight:Girls. Jessica is the Founder of Create Shoppe. Together, with help from Jenny, they offered up six tips for raising money for a small business, which I am sharing below. Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/1TZspoE. Please consider whether a friend or colleague might benefit from this piece and, if so, share it.