With the exception of the occasional red-hot IPO, investments don’t sell themselves. If they did, there wouldn’t be much need for financial media, research analysts or investment advisors. Nor would there be any acting gigs for former Law & Order stars, who always seem to wind up back on the airways, peddling some sort of […]
Secondary Markets for Crowdfinanced Offerings
Following the SEC’s 568 pages of proposed rules for Title III Crowdfunding, I released a comparison chart highlighting the benefits and drawbacks of selected crowdfinance offerings including 506c offerings, proposed Title III Crowdfunding, Intrastate Crowdfunding and Registered Crowdfunding. In addition to rousing a great deal of interest in Wall Street’s latest corporate finance structures, the chart […]
Dropbox: One More Example of Unjust Market Structure
Rumor has it that Dropbox, another one of America’s fastest growing companies, is raising its next round of financing, and once again the investing public is not invited to the party. Dropbox is expected to privately raise $250M at an anticipated $8B valuation, or approximately 68 times 2012 revenues. This begs the question, what will […]
Twitter Capitalization – Where the Wealth was Generated
In a formulated stark contrast to Facebook’s IPO debacle, Twitter (NYSE: TWTR) made its public market debut yesterday with underpriced shares. Priced at $26 per share, Twitter opened at $45.10 and closed the day at $44.90 giving Goldman Sachs’ most cherished institutional clients an instant 73% return. Mind you that this is a far cry […]
Comparative Analysis of Crowdfinance Offerings
The long awaited Title III Crowdfunding Rules were finally proposed last week by the SEC. Although the 568 page document seems like a mere footnote in comparison to the Obamacare bill, it’s still a lot to digest considering most attention spans these days lack the capability of reading a complete tweet. In all sincerity, I […]