Episode Description
Host Gary J. Ross and Mark Roderick discuss Regulation Crowdfunding (Reg CF), which originated with the JOBS Act. They walk through the mechanics of a Reg CF offering, including the role of crowdfunding platforms (termed “intermediaries”) and the Form C disclosure requirements. Mark highlights concerns with current practices, particularly overly burdensome financial statement requirements and the use of artificially low funding targets. Mark and Gary also address common misconceptions about cap table complications and venture capital follow-on financing. The episode concludes with some Reg CF success stories.