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Tag Archives: RockthePost

Crowdfunding Mergers Continue; CoFoundersLab and RockThePost Join Forces to Form New Equity Crowd-funding Site in the United States

16 Jul

New Equity Crowdfunding Platform, Onevest, Creates One-Stop Shop for Investors Seeking Startups in the United States

By Robert Hoskins

New York, NY – From early stage venture capital firms to family offices, high-net-worth individuals and non-accredited individuals, investors will find Onevest the perfect place to get a first look at the world’s most dynamic startups. Onevest has a diversified network of over 35,000 startup founders and over 15,000 investors. Onevest’s partner network, ranging from Techstars and Founder Institute to leading universities such as HarvardCornell and the University of Michigan, will continue to expand the investor base and deal flow.

New Equity Crowdfunding Platform, OneVest, Creates One-Stop Shop for Investors Seeking Startups in the United States

New Equity Crowdfunding Platform, OneVest, Creates One-Stop Shop for Investors Seeking Startups

OneVest was formed  to provide Investors seeking early stage startups with a one-stop online shop to simplify their search and due diligence process. RockThePost brought the online investing platform to the table, which connected startups with accredited investors, while CoFoundersLab was offering investors and small businesses an in-person matchmaking network that scientifically builds startup teams.  The two business were a perfect match and should streamline the entire equity fundraising process and will have offices in New YorkWashington, D.C., and San Francisco.

The upcoming implementation of Title III of the JOBS Act means over 250 million American investors will have access to equity crowdfunding platforms, as opposed to the 8 million using them today. As the investor pool grows, Onevest will make it easier to connect with qualified startups.

RockThePost was founded in 2010 by Alejandro Cremades and Tanya Prive, who will be CEO and COO of Onevest; Drew Butler will be CTO. TIME named RockThePost one of the world’s best crowdfunding platforms, Forbes dubbed it a top digital tool for entrepreneurs and Business Insider spotlighted it as a hot startup.

CoFoundersLab’s team-building platform uses proprietary tools to match entrepreneurs with core founding team members with complementary skills and compatible goals and values. The site makes over 5,000 introductions monthly and has over 35,000 founder members worldwide, with a strong presence in over 35 U.S. markets. CoFoundersLab was founded in 2011 by CEO Shahab Kavianiwho will be Onevest’s CMO. Erick Brimen, CoFoundersLab’s COO & VP of Finance serve as Onevest’s CFO.

Onevest captures companies at the formation stage, capturing the best deal flow before the transactional stage, and reduces investment risks arising from founder issues, since members are scientifically matched to create startup teams. “Knowing the teams intimately will be a key driver for investor confidence, setting Onevest apart from other platforms,” Cremades stated.

Onevest’s combined value was not disclosed. Investors from RockThePost and CoFoundersLab will join Onevest as shareholders. This includes investor affiliations from SOL Ventures, Militello Capital, Fortify Ventures, Maryland Venture Fund, Talent Equity Ventures, and members of Robin Hood Ventures and Mid-Atlantic Angel Group. Onevest has raised $3.3 million to date.

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SEC Lifts Ban on General Solicitation; Implements First Phase of JOBS Act for Reg. D, Title II Accredited Investors

22 Sep

SEC Lifts 80-Year Ban on the General Solicitation of Private Placement Equity Investments


By 
Robert Hoskins

Today, the United States finally inched its way toward the full implementation of the JOBS Act passed in April 2012, required by federal law to be in place by January 2013, but still not fully realized as intended by President Obama and the both houses of the U.S. Congress.

SEC Crowdfunding Call for Comments on November 15, 2013

SEC Crowdfunding Call for Comments on November 15, 2013

“We want this new market and the private markets in general to thrive in a safe and efficient manner, and these rules we adopted and proposed are designed to facilitate that objective,” said Mary Jo White, Chairwoman of the SEC. “As we fulfill our mission to facilitate capital formation and maintain fair and efficient markets, the Commission must always focus on strong investor protections.”

Until the general solicitation ban was lifted, hedge funds, VCs, and startups had to quietly raise that money, soliciting by word of mouth and other forms of private communication. Now companies can buy ads, launch PR campaigns, leverage social media and openly announce that they’re seeking investors.

The addition of general solicitation is expected to fuel a new cottage industry of investor matching-making websites that aim to broaden the investment pool to financial stalwarts outside the stanchly protected investment circles of Silicon Valley.

“With general solicitation it will be much easier for investors to find companies they are passionate about supporting,” said Mike Norman of crowdfunding website, WeFunder. The new rule will hopefully open up the capital-starved startup market to the majority of investors. According to WeFunder’s website, only 3% of the US’s 8 million accredited investors are active in the tech startup space.

For example, leading startup investing platform, RockThePost, announced last week that its equity crowdfunding website will provide the following equity crowdfunding investment services:

  1. Prominent featuring of startups publicly announcing investment rounds
  2. Investor verification system that shifts the burden off startups
  3. Secure transactions where Escrow accounts act as a safe haven for early committed investors
  4. Full transparency – third party identity checks and legal business verification, crowdsourced due diligence, bank-level security
  5. Smart matching of investors to startup investments that match their preferences

Equity crowdfunding sites such as AngelistCircleup, CrowdfunderFundersClubRockThePost and Wefunder are important the nascent industry because according to the Center for Venture Research, only 258,000 investors have made an angel investment out of the 8.7 million accredited investor households eligible to invest in the U.S.

The general solicitation ban lift will allow startups to publicly fundraise via methods such as equity crowdfunding, harnessing the power of the internet and social media to reach potential investors in all corners of the country.

According to a Forbes article, many states have decided not to wait on the SEC. Kansas, the first state to enact laws requiring the registration of sales of securities to the general public 100 years ago, turned out to be the first in the U.S. to enact an “intrastate” Invest Kansas Exemption law. The state of Georgia passed the Invest Georgia Exemption that provides even more freedom for crowdfunding than the Kansas exemption. North Carolina’s House passed a crowdfunding bill that is expected to move to the full legislature in an updated form and be signed into law next year. The state of Washington is currently teeing up crowdfunding legislation and other states will likely follow suit.

Tanya Prive, a co-founder of RockthePost, points out that “One of the other issues I’ve seen is that there are plenty of startups with a large customer base that they cannot tap into for capital support under existing regulations. These people are the biggest fans and evangelists of the brand, who might be first in line to invest. Once the user base is able to engage with their beloved company in fundraising mode via an investment crowdfunding platform, the company will be able to capitalize on the crowd’s interest in their success and accelerate the fundraising process by converting customers into investors.”

“So although there are strings attached to the ruling, lifting the ban on general solicitation – an 80-year-old rule – will help investors connect with entrepreneurs, and vice versa. The decision also weighs in the favor of entrepreneurs and investors who live outside places like Silicon Valley, where old-school networking and personal connections are how financing deals typically happen,” said Eric Markowitz, crowdfunding reporter for Inc. Magazine. “By lifting the ban, entrepreneurs living outside traditional tech hubs may find it easier to connect with investors, raise money, and grow their start-ups without having to necessarily relocate.”

Although large players like private equity firms Bain Capital and Blackstone Group LP could take advantage of the chance to use television ad campaigns, many lawyers and regulators close to the industry have said that they expect smaller funds with fewer resources to test the new rule first.

“By allowing issuers to solicit to a broader group of potential investors, the SEC has showed its commitment to democratizing the investing process and putting an end to yesterday’s ‘old boy’ investor networks,” said Barry Silbert, founder and chief executive of SecondMarket Inc., a marketplace for private shares.

The next important date to watch for is October 31, 2013, when the 2nd wave of SEC crowdfunding guidelines are expected to be issued for Title III investors that will allow unaccredited investors to participate in private placement investments.

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More News on the SEC’s New General Solicitation Rules:

  1. SEC Lifts Ban On General Solicitation, Allowing Startups

  2. SEC Approves JOBS Act Requirement to Lift General Solicitation Ban

  3. Starting Today, Startups Can Broadcast Their Fundraising From the Rooftops

  4. The General Solicitation Ban Lift Can Change Startup Investing Forever

  5. Crowdfunding Will Flourish Regardless Of What The SEC Does

  6. Game Changer: SEC Lifts General Solicitation Ban

  7. Boon for Start-ups: SEC Lifts Ban on General Solicitation

  8. SEC lifts longtime advertising ban for hedge funds, others

  9. SEC Lifts Ban on General Solicitation in Certain Private Placements

  10. S.E.C. Lifts Advertising Ban on Private Investments

  11. SEC Votes to Ease 80-Year-Old Ban on Private-Investment Ads

  12. SEC Lifts Ban on Hedge Fund Ads

  13. SEC Lifts 80-year-Old Ban on Advertisements for Private Investors

  14. SEC lifts advertising ban on private investments: How it affects you

  15. SEC Votes to Lift Ban on Hedge Fund Advertising

Top 100 Crowdfunding Sites for Equity-based, Rewards-based, Perks-based and Donation-based Fundraising Campaigns

2 Jun

Click Here to Review the 2015 Top 10 Rated Crowdfunding Sites to Help Anyone Launch a Fundraising Campaign to Raise Money to Bring Creative New Business Ideas to Fruition

By Robert Hoskins

Austin, Texas – Thinking about launching a Crowdfunding campaign to raise money to fund your creative business idea and bring it to fruition?  The Crowdfunding Press Center provides regular news reports on new Crowdfunding sites that have opened their doors to help entrepreneurs and small businesses launch fundraising campaigns to help bring their ingenious business ideas to fruition.

Top 10 Crowdfunding Sites for 2014

Top 10 Crowdfunding Sites for 2014

The big question that most crowdfunding campaign managers want to know is what crowdfunding site is the best to launch their fundraising campaign? Kickstarter vs. Indiegogo, which crowdfunding site is better? Or would one of the other crowdfunding sites outlined below be a better match for their precise crowdfunding goals and objectives.

Directory of Recently Launched Crowdfunding Sites: [Click to Tweet]

Directory of the Top Rewards-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Disaster-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Non-Profit-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Music-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Film-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Design-Based Crowdfunding Prototyping Sites[Click to Tweet]

Directory of the Top Sports-Based Crowdfunding Sites:

Directory of the Top Publishing-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Photojournalism-Based Crowdfunding Sites

Directory of the Top Arts & Crafts-Based Crowdfunding Sites:

Directory of the Top International-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Crowdfunding Accelerators, Boot Camps, and Incubators:

Directory of the Top Lending-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Donation-Based Crowdfunding Sites[Click to Tweet]

Directory of the Top Equity-Based Crowdfunding Sites[Click to Tweet]

Directory of White-Label Crowdfunding Site Providers[Click to Tweet]

Directory of the Top Securities-Based White-Label Crowdfunding Site Providers: [Click to Tweet]

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Shark Tank’s Barbara Corcoran Joins RockthePost Equity Crowdfunding Board of Directors

24 Apr

By Robert Hoskins

One of the leading equity crowdfunding platforms, RockThePost, announced that Barbara Corcoran, one of the Shark Tank‘s stars, will be joining its Board of Directors.  RockthePot is an investment crowdfunding platform that connects high quality entrepreneurs with accredited investors interested in investing in exciting new start-up companies. The site aims to be a resource for both entrepreneurs and investors by streamlining the capital raising lifecycle and providing crowdfunding support during the fundraising process.

Barbara Corcoran, Shark Tank Billionaire Joins RockthePost Crowdfunding Board of Directors

Barbara Corcoran, Shark Tank Billionaire Joins RockthePost Crowdfunding Board of Directors

Via its services, RockThePost aims to be a resource for both entrepreneurs and investors by streamlining the capital raising lifecycle and providing the needed support during the fundraising process. The company’s mission is to democratize the fundraising practice.

In this regard, Barbara is one of the “Sharks” starring in the hit ABC TV show Shark Tank, where she has personally invested in over 20 startups. She converted a $1,000 loan into a $5 billion dollar real estate empire. In addition, Corcoran is a contributor to the NBC’s Today Show, and hosted “The Millionaire Broker with Barbara Corcoran ” on CNBC.

“It seemed like a natural fit for me to join RockThePost’s board and help them flourish in the brave new world of online capital raising. Startups are having a lot of difficulty getting their hands on the needed capital to start and grow their business and RockThePost changes all that. With the new Jumpstart Our Business Startups Act (“JOBS Act”) signed and once the SEC finalizes its rules, the days of start-up capital only coming from accredited investors are over. Now Joe and Sue from down the street will soon have the opportunity to also invest in startups and participate in deals previously only offered to accredited investors,” added Barbara.

With this new addition to the Board of Directors, RockThePost is establishing itself as one of the leaders in the equity crowdfunding space. On the platform, startups can raise money in 60-90 days, without having to do the offline roadshow of 8 months. They accommodate raises anywhere between $100K to $5M for early stage companies that have a minimum viable product with some market validation in the hardware, tech, healthcare and consumer product verticals.

CrowdClear Provides Crowdfunding Portals Access to $1.3 Trillion Regulation D Accredited Investor Market

9 Mar

By Robert Hoskins

CrowdClear, a provider of technology, regulatory and compliance services to funding portals, today announced the launch of its highly scalable, regulatory-compliant technology platform. A division of Bendigo Securities, LLC, a registered broker-dealer, CrowdClear provides funding portals with all of the technology and services to offer Regulation D securities to accredited investors.

CrowdClear Provides Crowdfunding Platforms Access to $1.3 Trillion Reg. D Accredited Investor Markets

CrowdClear Provides Crowdfunding Platforms Access to $1.3 Trillion Reg. D Accredited Investor Markets

Using CrowdClear, leading funding portal RockThePost launched its investment platform this week, connecting high quality entrepreneurs with accredited investors interested in new startup opportunities. RockThePost has been in the reward crowdfunding space for over two years, raising hundreds of thousands of dollars for startups and registering more than 6,000 companies on its portal.

“CrowdClear is positioned to disrupt the world of early stage financing by helping to bring investors and issuers together in a scalable, regulatory-compliant manner,” said Robert Simmons, CEO of CrowdClear. “We support Regulation D transactions today, with an eye toward supporting future crowdfunding transactions.”

“We partnered with CrowdClear because of their experience in high-volume transaction environments,” said Alejandro Cremades, CEO of RockThePost. “As we transition into crowdfunding transactions over the next year, it is critical that we align ourselves with the best partners in the space.”

The CrowdClear platform provides funding portals with technology and services for compliance, investor suitability, commissions and reporting in the $1.3 trillion Regulation D market.

The company’s highly scalable, regulatory-compliant technology platform enables funding portals to connect high quality entrepreneurs to accredited investors.

Bendigo Securities LLC d/b/a CrowdClear is a registered broker-dealer and member FINRA/SIPC. RockThePost and Bendigo Securities are not affiliated companies.

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