Solari Update: Crowdfunding, What it Means to You - Sept. 19
Solari Update: Crowdfunding, What it Means to You - Sept. 19
By Catherine Austin Fitts
With incomes falling and unemployment rising, there are compelling economic reasons to improve the ability of entrepreneurs to finance start-ups. After all, if non-accredited investors are free to buy lottery tickets, why can't they invest in their friends and neighbor's businesses? Yes, we can all buy stocks traded on the New York Stock Exchange. But why can't we have stock exchanges for our city or county? Or for our online networks?
Well, now we it looks like a time is coming when we can using crowdfunding.
Crowdfunding began with websites aggregating lots of small contributions from many people to support artists and software developers. The extraordinary success of these efforts persuaded Congress to pass the JOBS Act in 2012. The SEC is expected to promulgate regulations this winter, dramatically relaxing the obstacles to raising money for small business and start ups. Crowdfunding is not only expected to grow in America; similar efforts are percolating in Europe, Asia, and around the globe.
Before the rush starts, let's get ready by understanding what is going to happen and what it means to you.
What does crowdfunding mean for entreprenuers? What does it mean for investors? What does it mean for the way our financial markets work? What does it mean for the strength of the economy? Why are the most powerful financial interests on the planet promoting it? What are the opportunities? And what are the risks?
Whatever crowdfunding is, good or bad, this will be a significant shift of money and economic flow.
This also means the fraudsters will be out in full force - along with thousands if not millions of entrepreneurs - all vying for your attention and investment dollar.
I hope you'll join us for this week's special briefing for subscribers on crowdfunding. If you want to subscribe, you can do so here. In response to subscriber requests, I will be posting a collection of our resources on venture capital, Solari Circles and community venture funds.
BIG NEWS - starting this week Money & Markets will move to a pre-recorded format. The audio will be posted on Thursday evening. We will add the audio to the slides in video format to be posted on Friday. We think this will significantly enhance the quality of your listening experience.
This Thursday, in Money & Markets I will cover financial markets and geopolitics. Please post your questions for Ask Catherine at the blog or e-mail to the special address posted on your Subscriber Resource page.
In Let's Go to the Movies, I will review Start Up Kids. When the Icelandic economy collapsed in 2008, Vala Halldorsdottir and Sesselja Vilhjalmsdottir founded their first company. Next, they decided to make a documentary about young web enterprenuers around the world in the hopes of inspiring other young people to start their own companies.
Stay tuned… lots of good things are unfolding this week on The Solari Report!
From The Blog
Sept 19
Coming
Clean, Crowdfunding
Sept 26
A Jon Rappoport
Report
Oct 3
3rd Quarter Wrap-up
A Special Solari Report: Crowdfunding & the
Legal Pathways to Raising Capital
Complex legal and
regulatory requirements govern access to raising private
equity capital in the United States. This means an
entrepreneur looking to finance a start up or early stage
business has to wade through a complex laws and regulations
to sell stock or structure and issue stock options.
Naval Sea Systems Command
The Naval
Sea Systems Command (NAVSEA) is the largest of the United
States Navy's five 'systems commands,' or materiel (not to
be confused with 'material') organizations.
Etsy and Rockford Team Up on Craft
Entrepreneurship
Last August, Mayor Larry Morrissey
of Rockford, Illinois tweeted at Etsy's CEO, Chad Dickerson:
'Since we need an 'Etsy Economy' has Etsy begun any
partnerships with high schools or job training? We'd love to
explore.'
There's No Getting Around It: The New
Chipotle Ad Is Amazing
It's being called 'the most
beautiful, haunting infomercial you'll ever see.'
Report Suggests Nearly Half of U.S. Jobs Are
Vulnerable to Computerization
Oxford researchers say
that 45 percent of America's occupations will be automated
within the next 20 years. Rapid advances in technology have
long represented a serious potential threat to many jobs
ordinarily performed by people.
Larry Summers Withdraws Name From Fed
Consideration
Lawrence H. Summers, the former
Treasury secretary and senior White House economic adviser,
has withdrawn as a candidate for Federal Reserve
chairman.
Just A Taste - Power Brawl
Get a
"taste" of The Solari Report with this video excerpt from
last week's report:
"Our theme tonight is 'Shift.' We're watching around the world, unprecedented power shifts. Whenever you're in a situation where you have this much power shifting, the situation becomes very fluid. The Gods start warring, the factions start warring and anything can happen." Watch the video...
New Solari
Report Formatting!
The Solari Report is moving to a
pre-recorded format. Our goal is to bring you exceptional
audio quality uninterrupted.
Starting this week, The Solari Report will post an audio of our interview and Catherine's Money & Markets on Thursday evening. Catherine's Money & Markets report will available with slides in video format in the blog post for viewing on Friday, similar to the Just a Taste videos. This means that you will not need call-in information to dial into the report. Just pick up everything at the blog and in the Solari Report libraries. We have created a special e-mail address for you to send questions for Ask Catherine. Check your subscriber research page to access it.
Catherine's commentary blog posts are being made member's only! So be sure to sign in to your account in order to view the whole article.
If you're not a Solari Report subscriber already, please consider a subscription. You can learn more about the advantages of subscribing here.
Lunch with Catherine, Boulder
Colorado
If you are a Solari Report subscriber, you
are cordially invited to meet and lunch with
Catherine.
This will provide an opportunity for you to meet Catherine in person and to get together with other Solari Report subscribers in your area.
Catherine will be in Boulder,Colorado on Saturday, October 12, 2013. Learn More
About The Solari
Report
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Catherine Austin Fitts and specialized experts, The Solari Report helps to navigate you
through the shifting political and financial climates while
building your wealth.
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Nothing in this Solari Update should be taken as individual investment advice. Anyone seeking investment advice for his or her personal financial situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate investment strategy.