Matthew Pinter, Paul Niederer and Chris Gilbert were guests on Switzer this week on Sky News for an interview on Crowdfunding. While the panel primarily included equity crowdfunding or investment crowdfunding representatives pledge, reward and realty crowdfunding were also covered. Peter Switzer asked if we had come across any circumstances where smart alecs get involved [...]

While in Thailand on holiday I noticed that having your own stall, stand, shop or business is often the difference between survival and poverty. There are hundreds of thousands of businesses like this. Imagine if you had a business that was valuable to the village and you wanted to raise funds by getting a some village folk to invest. [...]

If we look at regulatory implementations of the equity crowdfunding around the globe most are not holistic. Just because you have Equity Crowdfunding Regulations doesn't mean you have Equity Crowdfunding. For the most part they are regulated with new regulations totally independent from the environment they are expected to operate in. In other words we [...]

At a recent Angel Investor event I overheard an entrepreneur seeking capital ask an Angel Investor the following question. "What sectors do you specialise in when selecting investments?" The Angel Investor said he had no special preference as he was primarily after "anything that had enough in it to back up a 10 times return". [...]

This BRW article by Adir Shiffman inspired this post! "Why equity crowdfunding for start-ups is wrong for Australia: entrepreneur Adir Schiffman" Whenever I read “alternative investment class” and “crowdfunding” in the same sentence I get nervous. Having been invited and discussed equity crowdfunding with many overseas security regulators, including the U.S. SEC and FINRA, the [...]

Australia’s ‘Small Scale Offerings’ legislation combined with our regulator ASIC's ‘Class Order’ or exemption to the rules regarding the promotion of these types of equity offers is, inarguably the first equity crowdfunding legislation in the world. Both the Small Scale Offerings legislation that was enshrined into our Commonwealth Corporations Act in 2000 and the ASIC Class Order [...]

Because reward crowdfunding came first most regulators are fashioning their equity crowdfunding legislation for unaccredited investors around the pathway and figures reward crowdfunding has trodden. They are two different animals though. 1) Reward crowdfunding is based on instant gratification (You get the DVD, watch, cooler etc as a reward) 2) Equity crowdfunding is based on [...]

A hundred years or so ago regional funding was all the rage. Crowdfunding legislation is again looking at regions as one state after another legitimises intra-state crowdfunding. In the video below I detail the shift in funding from regions to one central point and back again. Stock Exchanges used to be primarily funding matchmakers The [...]

Success leaves clues. I wondered, what is "Best in Class" in raising funds from predominantly retail or unaccredited investors. Best way to find out was to look at 16 of the most successful, recent Startup equity raises on the ASSOB Equity funding Capital Raising platform. These 16 raised over 11 million dollars together on ASSOB. Most of [...]

Andrew Ward and Startup88 recently hosted a discussion on the recent CAMAC Australian report on Crowdfunding. Here are the closing summaries from Paul Niederer and John Kluver. The full discussion can be accessed here! My view is that the report was well researched and well written. However unless there are other changes in the early [...]