Brokerdealer.com credits TABB Forum and submission from Kim Wales/Wales Capital with below
Crowdfunding is on the rise in today’s re-regulated and democratized global capital markets, and the JOBS Act is proving to be a game-changer for institutional investors.
After the Lehman Brothers’ bankruptcy left the market reeling, some questioned how a single U.S. investment bank could cause global pandemonium. Today, a change of course is underway. The economic turmoil since 2007 has provided a catalyst for change. As a new guard is called into order to rein in provincial finance, the old guard is preparing for life under the regime of the Jump Start Our Business Start Ups Act (JOBS Act). Crowdfunding – a new asset class and a new investor class – is on the rise in this re-regulated and democratized global capital market.
Many private funds have not yet embraced what is slated to become the game-changer and the most innovative reality for 21st Century Finance for generations to come. The millennial generation (ages 18 to 37), which makes up 86 million individuals and is larger than the baby boom generation, is at the forefront of a new economic movement that believes that it is important to grapple with issues such as inequality and its economic consequences.
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