Equity crowdfunding done the right way could bring back the American Dream for new small businesses.
Tampa, FL (PRWEB) March 06, 2014
Crowdfunding expert Kendall Almerico was featured in Forbes' recent Devin Thorpe penned article "Where Does Crowdfunding Go From Here? Experts Explain." In the Forbes article, JOBS Act expert Almerico commented on his passion for crowdfunding and the surprises he says the public shouldn’t expect.
"I constantly hear naysayers argue that selling securities online to everyday people through equity crowdfunding, instead of just to sophisticated investors as in the past 80 years, is going to create a great deal of fraud. I don’t believe it will," Almerico states. "The SEC and FINRA will set in place safeguards making it difficult, and expensive, for anyone to raise funds for a fraudulent company. More importantly, “the crowd” has done a very good job policing fraud on rewards-based crowdfunding sites, and in equity crowdfunding offerings abroad. I think the instances of fraud occurring in equity crowdfunding will be few and far between."
In the article, Almerico further notes that equity crowdfunding could revive the economy and create much-needed jobs. "Equity crowdfunding done the right way could bring back the American Dream for new small businesses," Almerico states. "I have worked hard to educate the public about crowdfunding and the opportunities it brings for businesses, everyday investors and the economy in general. The thought of democratizing the investment process while building new businesses really excites me."
About Kendall Almerico
Kendall Almerico is a crowdfunding and JOBS Act attorney with who is considered one of the top crowdfunding experts and influencers in the United States. In 2014, Mr. Almerico was named #17 on VentureBeat's Top 30 most influential leaders in the crowdfunding industry. Mr. Almerico and his crowdfunding websites have appeared in USA Today, Forbes, Washington Post, Washington Times, Huffington Post, the New York Daily News, Business Insider, Fox Business Network and hundreds of newspaper, blog, radio and television interviews including CNN, CBS, ABC, NBC, FOX and The Sean Hannity Show.
Mr. Almerico is CEO of Fund Hub (http://www.FundHub.Biz) a web site created by securities lawyers to provide compliance and due diligence services for broker-dealers, issuers, investors and equity crowdfunding portals in connection with Regulation D offerings, JOBS Act offerings and other securities offerings.
Mr. Almerico is also the CEO of ClickStartMe, a crowdfunding site that provides individuals and businesses with an easy-to-use website to raise funds through online crowd funding.
Mr. Almerico is also the founder of Crowd It Forward (http://www.CrowdItForward.com) a charity-based crowdfunding site that performs “Random Acts of Crowdfunding” and raises money for people in need through a 501(c)(3) charitable foundation.
Fund Hub (http://www.FundHub.Biz) provides compliance and due diligence services for broker-dealers, issuers, investors and equity crowdfunding portals in connection with Regulation D offerings, JOBS Act offerings and other securities offerings. Fund Hub combines securities industry expertise with state-of-the-art digital tools to affordably provide compliance services and assistance to those raising capital or investing in businesses. Fund Hub fills a significant need in the securities and private financing industry by allowing broker-dealers, investors and issuers to have an economical alternative to compliance service provided by traditional law firms or online companies without the securities industry expertise required for effective SEC compliance.
Kendall Almerico is available for interviews. Contact him at Media(at)FundHub(dot)Biz or call 813.410.4658.