September 15, 2014
Good day,
I am a female founder who successfully exited her company and am now an investor in small companies/startups. See my signature below for some examples.
I would GREATLY appreciate an easier avenue to investing in small companies via crowd-funding platforms (such as SecondMarket, etc.). I know I would invest more and more often if the barriers to entry were lower under the proposed Title III rules. I also believe that others would make small “bets” on companies they believed in, with the understanding that not every company is going to become the next Facebook.
Importantly, the money that companies can raise via such means creates new jobs and fuels the growth of our economy. It is very important that we investors/founders have as MANY outlets as possible to deploy/garner investment dollars.
EVERY company I advise is seeking investment at some point in the company’s lifecycle and founders simply do not always have the time to run around and try to scrape together capital. The companies I know of who could use such crowd funded capital would use the money to spend on new tech, on marketing, on hiring staff and so many other things.
I strongly adjure the SEC to issue the final JOBS ACT Title III rules ASAP so that I and many others can help entrepreneurs launch their businesses and hire people.
Let’s get America Back to Work!!!
Yours sincerely,
Laurel
Laurel Touby
founder, mediabistro.com
startup investor/advisor