Schulze School of Entrepreneurship
The Future for Crowd Funding and Raising Capital
Tuesday, December 3, 6:30 PM
With the general solicitation ban lifted, the future of investment is set to change, impacting the ways many companies can raise capital. Successful navigation of this new landscape, based on the Jobs Act of 2012, will be the focus of a roundtable discussion on Tuesday, December 3, at the University of St. Thomas Opus College of Business.
Join TiE Minnesota and the Schulze School of Entrepreneurship for a reception at 6:30 p.m. with the roundtable to begin at 7, followed by a question and answer session, and participate in the discussion around these disruptive capital raising opportunities. Hear from successful entrepreneurs and investors as they provide insight to these new capital formation changes. A panel with varied legal and industry experience will discuss best practices for new investment approaches that can benefit start-ups and established companies alike.
Rules under the Jobs Act have only recently been clarified, adopted and proposed. This discussion will address both Title II and Title III of the Jobs Act.
- Rules are adopted for Title II of the Jobs Act broadening the process for private placement with accredited investors to include general solicitation, but:
- Where is the boundary between private placement and public offering?
- What mediums and venues may bring the first success to raising capital under these new parameters?
- What are investors saying and doing about these changing opportunities?
- Rules are proposed for Title III of the Jobs Act enabling crowd funding of equity investment from non-accredited investors, what are the:
- Implications for investor relations with crowd funding?
- Cap table and investor considerations of crowd funding when a company seeks later rounds of funding?
- Differences and similarities between equity and reward crowd funding?
- Techniques for conducting an effective crowd-funded campaign?
Vic Ahmed is the co-founder and chairman of Innovation Pavilion in Centennial, Colorado, an incubator providing entrepreneurs with flexible real estate options, mentorship programs, service provider contacts and more. Ahmed has built several startup companies and specializes in raising angel, venture and private equity funding. He serves on the board of the Colorado Governor’s Innovation Commission.
Patrick Donohue is a co-founder of INVESTyR, a Minneapolis company that provides professional education and tools to business owners to get superior access to capital. The company uses digital media and online tools to level the playing field in corporate finance, and to directly access capital and deal flow. Donohue has 16 years of capital markets experience including business development, financial modeling, investment research publication and investment banking.
Phil Pogge co-founded INVESTyR with Patrick Donohue in 2011. He has been employed in the corporate offices of two Fortune 500 companies, one of their international subsidiaries and one of the largest privately held companies in the United States. INVESTyR is the fourth entrepreneurial venture in which Pogge has been a key executive and board member.
Eli Regalado is a serial entrepreneur and is the founder of Mad Hatter Agency in Centennial, Colorado. His company specializes in building movements around ideas using low-cost, innovative online marketing strategies. He operates out of the Innovation Pavilion. Regaldo sees crowd funding as the future and is positioning his company to be a thought leader in the space of taking innovative companies to market via the crowd. To date, he's successfully crowd funded more than $400,000 on various platforms and was a presenter at the 2nd Annual Crowd Funding Convention in Las Vegas this past October.
Jeff Robbins is a business finance attorney with Messerli & Kramer in Minneapolis. He provides counsel for entrepreneurs launching and growing companies and by the investors who fund them. He runs the networking organization AngelPolleNation, facilitating gatherings of local investors for educational sessions and deal presentations. He leads entrepreneurs and investors through everything from public stock offerings and SEC compliance to deal negotiations and due diligence investigations.
Lois E. Josefson (218) 205-9519
Schulze School of Entrepreneurship
Sara McGinley (651) 962-5000