With the recent passage of the JOBS CrowdFunding act, the rules for getting funding for your startup are changing. There is a great deal of hope about the possible new sources of funding for startups. There is also a great deal of fear that there will be rampant fraud. What are the possible outcomes of this legislation? Perhaps the changes in the 506 regulations will have a larger impact than the crowdfunding provistions.
John Myer has started a conversation about this on his blog at :
John Myer and William Carleton will facilitate a conversation about the crowdfunding possiblities and consequences. Come join us to learn more about crowd funding.
John A. Myer of Myer Law PLLC represents start-up companies from formation, though angel financing to merger or acquisition. Mr. Myer also negotiates bank or venture capital financing for established businesses and drafts contracts with companies' employees, customers or vendors. In addition, Mr. Myer represents investment advisers who operate hedge funds and others who manage public mutual funds. Prior to moving to Seattle in 2004, he was an associate at Sullivan & Cromwell (New York and Frankfurt), Paul Weiss (London) and White & Case (Miami). Before his career in law, Mr. Myer received an MS in finance from the Massachusetts Institute of Technology and worked as a financial analyst and management consultant with Arthur D. Little, Inc. He earned his JD, magna cum laudefrom the University of Miami and an AB in mathematics and economics, summa cum laude, from Dartmouth College. He is a member of the Securities Committee of the Washington State Bar Association.
William Carleton, McNaul Ebel Nawrot & Helgren PLLC, serves on the Angel Capital Association's Public Policy Committee Advisory Council. In his work on the Council, he has closely followed the drafting and the passage of the JOBS Act. Bill writes regularly about startups, angel investing, the new crowdfunding exemption, and related topics in various publications, including his daily blog, http://wac6.com.