Jul 13, 2016 • 22M

#438: Flashfunders Joins Equity Crowdfunding Fray

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Some of the world's great changemakers join host Devin Thorpe to share leadership lessons you can use to increase your impact.
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Never miss another interview! Join Devin here: http://bit.ly/joindevin. Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/29oYLHE Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. ----------------------- With equity crowdfunding less than 60 days old, measuring from the date the SEC’s Regulation CF became effective in May, the marketplace is beginning to take shape. Flashfunders is one of the players offering a crowdfunding portal. Vincent Bradley, the CEO of Flashfunders, shared his take on the emerging crowdfunding market. Vincent sees two related problems in the market. “Historically, there have been large hurdles in both the fundraising and investing spaces, namely a lack of accessibility. Startups and small businesses have had limited options for financing, many of which were expensive and time consuming to pursue. Additionally, those startups have often been unable to offer equity to investors who are truly passionate about their business model.” The JOBS Act, which directed the SEC to implement crowdfunding, was passed four years before the SEC rules became effective. With respect to the second problem, Vincent notes, “Before Title III went into effect giving power to average investors, there were very few investment options available. Private investing was a right reserved only for the 1 percent, the accredited investors.” Crowdfunding fundamentally addresses both problems. Vincent explains the company’s international approach, saying, “FlashFunders’ equity crowdfunding platform is giving startups and small businesses a progressive financing option. It empowers companies to raise capital from all types of investors – the crowd, international, and accredited- in a single fundraising round. The platform also provides everyday investors with the tools they need identify and invest in innovative businesses that they believe in.” ----------------------- Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/29oYLHE. Need a speaker for an event, learn more about Devin Thorpe at devinthorpe.com.