StartEngine Launches First Equity Crowdfunding Platform to Redefine Investing for the Millennial Generation

Hot “Green” Automotive Startup ELIO MOTORS, YouTube Star-founded Game Company XREAL Among Initial Partners
June 19, 2015 07:30 AM Eastern Daylight Time

LOS ANGELES–(BUSINESS WIRE)–StartEngine Crowdfunding Inc. today launched the premier equity crowdfunding platform, allowing individuals to invest in private companies on a public platform. In a historic first, StartEngine connects aspiring investors, including North America’s 80-plus million Millennials, with the progressive companies of tomorrow, including startup launch partners Elio Motors and mobile games publisher XREAL. The launch corresponds with Regulation A+ of the JOBS Act, which officially takes effect today and enables a broad new range of startup investment opportunities. To learn more and begin investing today, visit www.startengine.com.

“We’re thrilled to be raising funds in a progressive and personal new way that better resonates with my generation.”

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Ron Miller

“At StartEngine, our goal is to not only become the leading equity crowdfunding platform, but to help entrepreneurs achieve their dreams,” said StartEngine CEO Ron Miller. “We’ve built an industry leading platform to allow companies to take advantage of the greatest advancement for entrepreneurship in a generation. Companies can now advertise the sale of their stock and anyone, not just wealthy people, can invest.”

Partnering with StartEngine at launch, Elio Motors is a transportation startup that challenges the status quo of personal transportation. Founder Paul Elio has created a fun-to-drive, super-economical personal transportation alternative that’s affordable, safe, and environmentally friendly. The Elio is an ultra-high-mileage (up to 84 MPG), sleek American-made two-seater for an incredibly affordable base price (expected to be $6,800). The Elio is perfect for a wide variety of drivers. Owners of SUVs, minivans and pickup trucks see it as an AND vehicle – keep the functionality of the big vehicle AND you can still afford an Elio for solo commutes. It’s also a great vehicle for first time drivers, college students and “clunker” owners.

“Partnering with StartEngine was a natural fit, since Elio and StartEngine are both built on the principle of efficiency and cutting out unnecessary obstacles in the way of progress,” said Elio Motors founder Paul Elio. “StartEngine is poised to disrupt the course of traditional investment, just as Elio aims to alter the course of how people commute.”

Also partnering with StartEngine at launch is XREAL, a startup mobile game publisher poised to become a leader in mobile eSports. XREAL was co-founded by Jordan Maron (YouTube’s CaptainSparklez – 8.6 million subscribers) and Howard Marks, co-founder and former studio chairman of Activision and Executive Chairman of StartEngine. XREAL’s first title is Fortress Fury, a competitive tower building game that reached more than 1.5 million downloads in its first month in the marketplace. Built for the world’s largest gaming platform, XREAL seeks to elevate mobile and tablet gaming. With multiplayer action optimized for both in-game and real-world tournaments, Fortress Furry is helping to take the global eSports phenomenon onto mobile.

“StartEngine’s alternative investing platform makes it possible for anyone to back the companies they believe in and truly share a stake in their success,” said XREAL co-founder Jordan Maron. “We’re thrilled to be raising funds in a progressive and personal new way that better resonates with my generation.”

StartEngine empowers investors to dip their toes into equity crowdfunding by providing the resources, information and support for everyday consumers to make educated investment decisions. Thanks to Title IV of the JOBS Act and the just-approved Regulation A+, the general public is now able to become shareholders in exciting new startups before reaching an initial public stock offering. Unlike traditional crowdfunding, where backers can only anticipate physical goods or karmic compensation, equity crowdfunding makes it possible to get in on the ground floor and support startups in a whole new way.

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Howard Marks

StartEngine is a Los Angeles-based firm created in 2011 by Howard Marks, co-founder of Activision, a $14B market cap video game publisher, and Ron Miller, a four time Inc. 500/5000 Award recipient and professional entrepreneur who has successfully founded five companies. More information about StartEngine is available on the official website: www.startengine.com.

Visual assets, including product shots, renders and logos can be downloaded via the following link:https://www.hightail.com/download/bXBhaklwTlFKV004RmNUQw

About StartEngine Crowdfunding, Inc.

StartEngine is the premier equity crowdfunding platform, connecting Millennials and aspiring investors with tomorrow’s progressive companies. Based in Los Angeles, the company was created in 2013 by Howard Marks, co-founder of Activision, and Ron Miller. StartEngine aims to revolutionize the startup business model by helping individuals invest in private companies on a public platform for the first time in history, thereby helping entrepreneurs achieve their dreams. Learn more athttp://www.startengine.com

Contacts

fortyseven communications for StartEngine
Craig Sinel, 323-658-1200
startengine@fortyseven.com

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Krowdster Markets Your Crowdfunding Campaign

2016 Market Conditions with Chief Credit Officer of Realty Mogul

 

Toward the end of last year, I was reading an interesting piece on forecasts for 2016 and came across a quote on crowdfunding that read, ”Crowdfunding is attempting to buy into the dot-com culture and there is a slight disconnect. There will be a lot of entries and failures. Crowdfunding is a mile wide, but only an inch deep. There is a lack of credibility: no background checks, no scrubbing, no due diligence.” I thought to myself, “If he only spent a day in my chair, he would see that we have been digging trenches.” At RealtyMogul.com, we are committed to being one of the leading online marketplaces for real estate investing. As a result of prevailing market conditions, 2016 will prove to be the year of the “Selective Investor”. While other institutions will undoubtedly view this as a challenge, RealtyMogul.com views this as an opportunity to further expound upon our business plan and take advantage of investor selectivity.

Source: 2016 Market Conditions with Chief Credit Officer

This in from Crowdfunding Asia

To succeed in Crowdfunding, is to keep going.

Deep appreciation to all attendees and our gracious guest-of honor, MS LOW YEN LING, PARLIAMENTARY SECRETARY, MINISTRY OF TRADE & INDUSTRY, at THE 2ND CROWDFUNDING ASIA, GLOBAL-SINGAPORE SUMMIT, on 9 November 2015, at MARINA BAY SANDS

From top notch practitioners and industry players, from startups to enterprises and from ground to government. The one day exchange served!

What goes into the entire planning for “Global Crowdfunding starts HERE” summit was lots of heart-work and a reproduction of what well done in US and Europe into Asia. It is really no best time or right time! The world Crowdfunding is not stopping because of our procrastination or hesitation. The power on alternative funding will serve those underserved or those who figure out that the Crowd conversation is what they need. We call for collaboration and co-operations
The 2015 Asia-Pacific Alternative Finance Benchmarking Survey is live now; Crowdfunding Asia Association joined Cambridge, Tsinghua & Sydney Universities launch 2015 Asia-Pacific #Alternative #Finance #Surveyhttp://goo.gl/pfD4mL #crowdfunding #p2p.
Thank you once again! A great way to wrap up the year is to celebrate the present and the future with the CROWD. CrowdWISDOM = CrowdSOURCING & CrowdFUNDING with CrowdPOWER.

Crowdfunding Bill Moving Swiftly Through Arizona Legislature

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When people hear the word “crowdfunding,” websites such as Kickstarter or IndieGoGo usually come to mind.

Those sites provide a platform for people to donate money to charitable events, help a music band launch a new album and help local businesses get off the ground.

But if a private company wants to raise money through shareholders, similar to selling shares a public stock exchange, the general public can’t participate by federal and state law. That’s reserved for only “accredited investors,” or wealthy, financially savvy individuals.

But that could soon change in Arizona.

House Bill 2591 would allow “equity crowdfunding,” meaning any Arizona resident with any income could buy stock in a locally based private company.

The idea behind equity crowdfunding is to create a new avenue for small businesses and start-ups to gain access to capital they otherwise couldn’t obtain through traditional routes, such as a bank, angel investor or venture capitalist.

“They’re struggling to find those earlier and smaller amounts of funding,” said Sidnee Peck, director of the Center for Entrepreneurship at Arizona State University’s W.P. Carey School of Business. “So they’re not quite ready for an angel group, they’re definitely not ready for venture capital and they don’t have what a bank typically requires in order to get a loan. So they might be stuck needing $10,000, $20,000, $50,000 and they just can’t obtain it.”

During a Senate Financial Institutions Committee hearing last week, Senator David Farnsworth said he thinks it’s one of the most important bills this session.

 “I have yet to find someone who is not in favor of this most important piece of legislation,” Farnsworth said.

The basis for the bill stems from the Jumpstart Our Business Start-Ups Act, also known as the JOBS Act, signed by President Barack Obama in 2012. A portion of the JOBS Act required the Securities and Exchange Commission, which regulates the nation’s securities industry, to create new rules to allow equity crowdfunding nationwide.

Those rules were supposed to be in place by December 2012, but the SEC still hasn’t acted.

Thus, some states began taking matters into their own hands.

About 15 states have passed their own equity crowdfunding laws so far and Arizona is among several currently considering doing the same.

These state laws allow crowdfunding only if the business and investors are located within that state. Crowdfunding can’t happen across state lines until the new SEC rules are in place.

Read More Here

10+ Best Crowdfunding WordPress Themes

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This is a collection of the best crowd funding themes for WordPress. Crowdfunding (alternatively crowd financing, equity crowdfunding, or crowd-sourced fund raising) has really grown in popularity as a method of raising money via the internet with its huge reach to support all types of projects and activities by individuals and organizations.

If you want to create your own niche crowdfunding community website similar to the likes of Kickstater, Indiegogo or Crowdfunder, or you simply need to build a website for a single project you’d like to raise money for, then these WordPress themes are a great solution. The 10+ excellent crowdfunding WordPress templates below will help you build a professional crowd funding website up quickly, easily and cheaply.More Here