Streamline the document preparation and disclosure process for the companies that want to pursue equity-based crowdfunding transactions through your brokerage or registered crowdfunding portal. With the average equity-based crowdfunding transaction raising approximately $85,000 (source, crowdsourcing.org), what is the legal budget for preparing term sheets and definitive agreements to close the transaction? If the entrepreneurs who wish to crowdfund need to form a new entity, what is the legal budget for preparing the certificate of incorporation, bylaws and other corporate formative documents? What is the legal budget for the smaller transactions? Answer, a couple of thousand dollars, maximum. Otherwise, the transaction costs swallow the deal.
With our document generation API, VentureDocs integrates seamlessly with brokers and registered crowdfunding portals and delivers these key documents in execution form for a fraction of the cost of a corporate and securities attorney, and the customer never even has to leave the broker or crowdfunding portal’s site.
Go to http://venturedocs.com/
- Crowdfunding: why we need a European answer to Kickstarter (whiteboardmag.com)
- Small Businesses Await Crowdfunding Rules (online.wsj.com)
- The Shifting Paradigm of Philanthropic Crowdsourcing (skinoffburger.wordpress.com)
- Crowdfunding Predictions for 2013 (forbes.com)
- OSC to hold public consultations into crowdfunding (business.financialpost.com)
- Crowdfunding inches forward with FINRA set to accept portal applications (bizjournals.com)
- Crowdfunding firms boost startups (sfgate.com)
- The Top 10 Crowdfunding Platforms According To 3P (crowdfundingtimes.wordpress.com)
- JOBS Act leaves most startups out in the cold (betanews.com)
- Crowdfunding is the Next Big Thing – Find Out Why (prweb.com)