How Equity Crowdfunding Can Swell to a $300 Billion Industry
Fred Wilson of Union Square Ventures suggested last May that crowdfunding eventually would take massive market share from bank lending, giving a boost to the alternative lending industry.
Angel investor Chris Camillo, speaking at last week’s inaugural Crowdfund Texas conference in Austin, cautioned that there are legal and cultural barriers that are impeding the popularity of crowdfunding.
“I think it’s realistic, but you really have to look out not months, but years, many, many years,” Camillo said during the “Crowdfund Investing: Funding 3.0″ panel, in answer to an attendee’s question regarding Wilson’s outlook.
About 400 participants attended the conference, including leaders in the venture capital and crowdfunding industries. The conference was hosted by Crowdfunding Professional Association, Startup Texas, a branch of Startup America, and Camillo, who also is the co-chair of the investment subcommittee for the Crowdfund Intermediary Regulatory Advocates.
Crowdfunding PR, Social Media & Marketing Campaigns 