Crowdfunding on Steroids Audiobook By Douglas Slain cover art

Crowdfunding on Steroids

Private Placement Handbook Series 7

Preview

Audible Standard 30-day free trial

Try Standard free
Select 1 audiobook a month from our entire collection of titles.
Yours as long as you’re a member.
Get unlimited access to bingeable podcasts.
Standard auto renews for $8.99 a month after 30 days. Cancel anytime.

Crowdfunding on Steroids

By: Douglas Slain
Narrated by: Stuart Deal
Try Standard free

$8.99 a month after 30 days. Cancel anytime.

Buy for $10.18

Buy for $10.18

The new Rule 506 changes everything.

The SEC has lifted an 80-year ban on general solicitation. Start-ups for the first time can use public advertising to sell private offerings. The new Rule 506 may prove to be the answer to the prayers of star-ups frustrated with existing fund sourcing platforms. But it also has hidden dangers that will cause many issuers to continue to use the "old Rule 506" [506(b)].

Among the new Rule 506 strengths:

  • The amount that can be raised is unlimited
  • There is no requirement for review of the offering under any Blue Sky laws (state securities regulations)
  • There is no review of the offering by the SEC
  • Solicitations can be online or offline
  • Solicitations can be made to anyone

©2015 Douglas Slain (P)2015 Douglas Slain
Banks & Banking Banking Personal Finance
No reviews yet