Raising Money from CrowdfundingApril 18, 2017
Crowdfunding has proven itself to be an amazing way to raise capital for a variety of projects.
Today, most of the crowdfunding processes have been reward or donation based. Thanks to the regulation changes in the jobs act of April 2012, it is now possible to do crowdfunding based on securities or equity.
As we celebrate the successes in crowdfunding and all the new products launched through this new funding mechanism, we need to be aware of the fact that only 35% of all crowdfunding project succeed. The rest fail, and depending on the portal, you may or may not get your money back. With equity based funding, it’s going to become even more difficult for the crowdfunding participant to understand the risk to their investment.
We’ve invited our speakers tonight to talk about their experience with crowdfunding, and share instances of what they did right, what they desperately wish they could do over, and how the new equity based crowdfunding process will change how you develop products and your responsibility to investors.
Come and get your questions answered. Hear from the practitioners who have implemented crowd funding methods. Network with like minded entrepreneurs.
600 -700 PM Registration & networking
700 -710 PM ENET Chairman’s announcements
710 -725 PM E Minute – Up to 3 Startup companies presentations
725 -815 PM – 3 or 4 expert speakers on the night’s topic
815 -830 PM – Audience / Speakers Q & A
830 -900 PM – Final networking including meeting speakers
Samantha Simmons, Founder and CEO of Curative Orthopaedics
Samantha Simmons received her MBA from MIT Sloan School of Management where she founded Curative Orthopaedics (www.curepedic.com), a healthcare company that develops comfortable and effective orthopaedic garments for performance, recovery and rehabilitation, in 2014. Before starting her own company, she worked in the product development division of Comcast Cable and consulted for GlaxoSmithKline. She holds a Masters in Product Development and a BFA from Carnegie Mellon University.
Samantha raised money using Kickstarter and then used the Kickstarter credibility to raise more funds for her company.
John Sundman, Novelist and Essayist
John Sundman’s career has included long stints as a technical writer, and as a manager of information architecture, software engineering and QA for various concerns in Silicon Valley, New York, and the greater Boston area. He resides on Martha’s Vineyard where he is a volunteer firefighter and construction worker. His next novel will be appearing very soon. John used Kickstarter successfully to fund the writing of the novel Creation Science.
Jory Block, Formlabs
Jory has held various positions at Formlabs and is currently with the People Operations Group. Prior to Formlabs, Jory has worked at LevelUp, Apple and WGN-TV. He is a graduate of Emerson College.
Jonathan Ter Meer is Director of Development Crowdfunding at TriLinc Global, a private investment company that invests capital in small and mid-sized businesses in developing economies globally through a series of impact-focused investment funds. He is a co-founder of Coffee & Crowdfunding and was a Director of The Grace Group Fundraising Co. Jonathan graduated from Saint Bonaventure University with a degree in Journalism and Mass Communications.
Eric Johansson, Principal Consultant at in3x Inc.
Eric Johansson is an information systems and user experience designer specializing in industrial domains. His career has spanned many industries ranging from industrial controllers, produce wholesalers, and telecommunications.
Please note new address for venue: Pivotal Labs, 255 Main St., 6th FL, Cambridge