As we head into the final months of 2013, NowStreet Wire is thrilled to report a number of recent developments indicating the imminent mainstream adoption of crowdfinance. Such events include: venture financings, a dramatic increase in industry coverage from the conventional financial press, M&A activity and speaking invitations to high profile financial and economic forums.
This month’s newsletter is designed to highlight these activities as well as provide readers with fresh insight into the industry of crowdfinance.
As always, thank you for reading NowStreet Wire and for continuing with us on this remarkable journal to bring democracy to our financial markets.
Crowdfinance Goes Mainstream!
Crowdfinance and the Doofenshmirtz Economic Theory By Dara Albright
Crowdfinance is principled in a new economic theory called the Doofenshmirtz Economic Theorythat allows all socio-economic classes equal opportunities to contribute to and participate in economic expansion with small minority ownership interests in growing businesses. It is named after Doctor Heinz Doofenshmirtz, the antagonist from the children’s cartoon, “Phineas and Ferb” whose main ambition in life is to take over, not the entire planet, but an infinitesimal subset known as the tri-state area. Click here to read the entire article.
Retirement Funds Chasing Crowdfinance By James A. Jones
In many ways, it is the “perfect storm” in this new era of investment options. Crowd funding is going main stream. According to McKinsey and Co’s “Mainstreaming Alternatives”, alternative investments have gone mainstream, and is believed to make up an average 27% of institutional portfolios by the end of 2013. And now, after a cottage industry of 30 years plus averaging 5% annual growth, we are seeing the explosion of Self-Directed IRA’s, an IRA that allows one to invest in certain crowd funding classes. Click here to read the entire article.
Crowdfinance: The Next Frontier in Financial Services By Richard Salute and Dara Albright
Published on page 6 in IMA’s September 2013 newsletter (The Association of Accountants and Financial Professionals of Business), this piece illustrates how financial advisors, wealth managers, broker dealers and investment bankers can be capitalizing on crowdfinance. Click here to read the entire article.
Crowdfinance: The Next Financial Frontier This presentation depicts how a rapidly emerging trend in financial services called Crowdfinance is transforming the financial landscape and breeding more productive businesses and economies. Click here to download the presentation.
LendIt Co-founders Speak About Crowdfinance at Nationally Recognized Economic Forum – LendIt, the leading conference organization dedicated exclusively to the P2P and online lending industry, is pleased to announce that two of its co-founders have been asked to speak at the prestigious 55th NABE (National Association for Business Economists) Annual Meeting. For more than a half a century, economic professionals, business leaders, and policymakers have been congregating at this forum in order to probe the issues and trends that impact economic prosperity. Click here to read the entire press release.