As we reported yesterday, the SEC recently changed American crowdfunding rules, making it possible for smaller, less experienced investors to get involved. Now the CEO of 500 of the UK’s top crowdfunding platforms has stated that he believes this will lead to a boom in the crowdfunding industry. According to Gonçalo de Vasconcelos, CEO of SyndicateRoom: ““The coming months will see a rush of cash to fund US equity crowdfunding platforms as they jostle to secure first-mover advantage. Enthusiastic commentators might even forecast the end of conventional venture capital. While the equity investment market will be fundamentally changed, VCs are here to stay, and I expect them to be pushed further up the ladder towards later-stage deals while equity crowdfunders come to dominate early-stage seed deals. What seems certain with this welcome news from the SEC is that equity crowdfunding is moving beyond the realm of ‘alternative finance’ and going mainstream.”
As we reported yesterday, the SEC recently changed American crowdfunding rules, making it possible for smaller, less experienced investors to get involved. Now the CEO of one of the UK’s top crowdfunding platforms has stated that he believes this will lead to a boom in the crowdfunding industry. According to Gonçalo de Vasconcelos, CEO of SyndicateRoom: ““The coming months will see a rush of cash to fund US equity crowdfunding platforms as they jostle to secure first-mover advantage. Enthusiastic commentators might even forecast the end of conventional venture capital. While the equity investment market will be fundamentally changed, VCs are here to stay, and I expect them to be pushed further up the ladder towards later-stage deals while equity crowdfunders come to dominate early-stage seed deals. What seems certain with this welcome news from the SEC is that equity crowdfunding is moving beyond the realm of ‘alternative finance’ and going mainstream.”