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Tag Archives: Crowdfund Texas Conference

The Street.com forecasts $300 billion Crowdfunding Industry

14 Jan

How Equity Crowdfunding Can Swell to a $300 Billion Industry

NEW YORK (TheStreet – 1/14/13) – Equity crowdfunding may eventually grow to be a $300 billion industry, as a well-known venture capitalist predicted last year, but there are high hurdles to jump, experts say.

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 AssociationStartup Texas, a branch of Startup America, and Camillo, who also is the co-chair of the investment subcommittee for the Crowdfund Intermediary Regulatory Advocates.

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Crowdfund Texas Press Conference

9 Jan

On Tuesday, January 8, 2013, all of the Crowdfunding pioneers meet with several hundred Crowdfunding advocates to get the inside scoop on when the Equity Crowdfunding industry will become a reality in the United States.

 

 

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