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Mary has spoken in the past about the Jumpstart Our Business Startups (JOBS) Act. But this time, she interviews the executives of Crowdfund Intermediary Regulatory Association (CFIRA), two months before the end of 2014 and just in time for the annual Securities and Exchange Commission (SEC) Government-Business Forum on Small Business Capital Formation and a public CFIRA meeting.
Here's a sneak peek on part of the interview:
Mary Juetten: What's the vision for your company?
CFIRA: Over 100 members have voluntarily joined our community, encouraging all companies, investors, third-party service providers, and students to advocate and lobby. As a result of our collective success, individuals and communities will enjoy greater economic opportunity.
Mary Juetten: Startups are an adventure. What's your favorite startup story?
CFIRA: Oculus Rift raised $2.5 million on Kickstarter by approximately 9600 backers, then turned around and sold the company to Facebook for $2 billion. The example demonstrates that, in an equitable democratic society, everyone has the right to participate. When equity-based crowdfunding is extended to the non-accredited investor (mom & pop) as well as small and medium businesses, there can be an opportunity for a rate of return for investors.
Want to read more? Visit Forbes.com.
Businesses looking for crowdfunding: Pay special attention to the Intellectual Property Best Practices eBook in our Ultimate Startup Toolkit. Click below to download the Toolkit.