Thursday, June 21, 2012

Webcast Attendance Indicates Business Owners’ Excitement Over Crowdfunding

Recently, Navocate business sales + acquisitions hosted a web seminar with strategic alliance partners EarlyShares and Crowdfunding Roadmap titled “Get Funded Through Crowdfunding.” The webinar was Navocate’s best-attended in the company’s history—both relative to the number of people who participated as well as the duration of the event. 
Entrepreneurs are about to receive a new and unprecedented capital funding opportunity as a result of Congress passing the Jumpstart Our Business Startups (JOBS) Act in April. The JOBS Act allows non-accredited investors to participate in Crowdfunding as of January 1st, 2013—allowing them to make equity investments in privately-held U.S. companies for the first time.
“Recognizing that the recently passed JOBS Act will drive monumental changes for both entrepreneurs and investors, this webinar was designed to help everyone understand what Crowdfunding is, how it works, and specifically what companies need to think about to get Crowdfunded,” said Karl F. Buhl, managing member of Navocate. 

During the webinar Paul Winkle (Navocate) reviewed the Act’s issuer guidelines as well as the June 8th Securities and Exchange Commission update. Ruth Hedges (CEO, Crowdfunding Roadmap) reviewed eligibility and reporting requirements, while Maurice Lopes (CEO, EarlyShares) discussed how to position a company to receive Crowdfunding capital. Karl Buhl (Navocate) reviewed Navocate’s valuation model for both revenue and pre-revenue companies, relative to the how the securities being offered can be valued, as required by the Act.

“The Q&A session lasted about 45-minutes—almost as long as the webinar itself—which demonstrates how hungry the audience was for this knowledge. More importantly, it reflects the intense need for relevant and transparent information about Crowdfunding throughout the market in general,” Mr. Buhl concluded.

Navocate hosts monthly webinars about business sales, acquisitions, valuation, private equity, and Crowdfunding for emerging companies with revenues between $3M - $30M, focusing on the under-served M&A segment that is above the business brokers’ and below investment banks. As part of this series, Navocate will continue to provide updates about Crowdfunding, how the regulations are evolving, as well as implications for both entrepreneur and investor as the January 1st start date approaches.

Click this link to view the Crowdfunding webinar

Click this link to be notified of future Navocate webinars.


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