Palo Alto & SF, The CFPA and CFIRA in crowd funding globally – by David Drake

Palo Alto was sold out last night.  We had Eric from Pebbles discussing his success on
kickstarter and how they broke $10 million in pledged funds.  TSL are also hosting
two events in Salt Lake City May 31 and June 1st.  Here is the press release – please join us
here or in NY next week.  By the way, new members to CFPA – the Crowdfunding Professional
Association – nationally and globally has grown from 50 members to 125 just the last 7 days.
The first CFPA Executive Committee meeting was held in Palo Alto yesterday.

For Immediate Release

CrowdFunding Made Simple Hosts First Conference in Utah
May 31st – June 1st Event Analyzes Impact of Legal Framework for Equity-Based
Crowdfunding Enabled by Historic JOBS Act with Experts from Across Nation
Salt Lake City, May 10, 2012 – CrowdFunding Made Simple, a crowdfunding
educational and events platform, today announced plans for the first national
conference endorsed by the Crowdfunding Professional Association (CfPA). Held at the
University of Utah Guest House and Conference Center on May 31 st and June 1st from 9
am to 5 pm MDST, and in partnership with the The Soho Loft (TSL), the Crowdfunding
Made Simple conference will allow entrepreneurs, business owners, professional
service providers and investors to obtain a deeper understanding of crowdfunding
directly from some of the industry leaders behind this groundbreaking business
platform. With the historic Jumpstart Our Business Startups (JOBS) Act signed into
law on April 5th, a legal framework for equity-based “crowdfund investing” has been
established and the potential for a much larger and expanded global crowdfunding
community has been unleashed.
“We are pleased to bring to Utah a group of innovators that have ignited crowdfunding
both as an Internet-based platform and now potentially as an equity-based investment
model,” said Richard Swart, co-founder of Crowdfunding Made Simple, director of
strategic programs at Grow America Insights and executive committee member
of the Crowdfunding Professional Association. “While much has been achieved in
crowdfunding to date, most entrepreneurs and investors across the country are not yet
familiar with it. We look forward to providing a summit for education and interaction
on this vital new capital creation concept right here in one of the entrepreneurship
capitals of America.”
Speakers include Brian Meece, founder and CEO of, one of the world’s
top three crowdfunding platforms; Jason Best, co-author of the CrowdFund Investing
Framework in the JOBS Act and founder of Startup Exemption; Carl Esposti, founder
of and leader of the CAPS Accreditation Program for crowdfunding
platforms; Douglas S. Ellenhoff, one of America’s top securities law experts from
Ellenhoff, Grossman & Schole, amongst others; Alan E. Hall, a founding sponsor of the
Crowdfunding Professional Association and founder of Grow America SpringBoard and
Mercato Partners.
“Understanding the implications and applications of crowdfunding is critical for
entrepreneurs and investors because of the ability to vet ideas, create new markets
and gain access to new investors .” said Bryan Ritchie, Director of the Technology
Commercialization Office at the University of Utah. “We look forward to hosting and
sponsoring the first crowdfunding conference in Utah and believe it will provide
significant insights for our vibrant entrepreneurial community. Participants will
interact with the early adopters and innovators leading this groundbreaking legislation
and fund raising platform.”
“Starting a business is never easy, which is why I feel strongly about participating
in and sponsoring this cutting-edge conference on crowdfund investing,” said Alan
Hall, a founding sponsor of the Crowdfunding Professional Association and founder of
Grow America SpringBoard and Mercato Partners. “Entrepreneurs, investors, private
equity, lawyers, accountants, marketing professionals – all of them will benefit and
be interested in accessing the latest developments on this historic and timely new
business model. I also firmly believe crowdfunding has the potential to bring hundreds
of thousands of additional entrepreneurs and investors into the vital process of creating
the companies and jobs that our economy so desperately needs.”
Registration for the conference begins today at
Participants will also receive discounted access to a complete copy of the most
comprehensive Crowdfunding Industry Report based on data from more than 170
crowdfunding platforms (CFPs) and other sources.
About Crowdfunding Made Simple
Crowdfunding Made Simple is a crowdfunding educational and events platform
designed to educate entrepreneurs, small business owners and the American
public about this new, groundbreaking industry platform that fuels the
creation of new ideas, new businesses and jobs. For more information, visit
About The Soho Loft Capital Creation Events
Rapidly becoming known as the definitive event platform for the rising private company
marketplace (PCM), The Soho Loft (TSL) Capital Creation Event Series is the only global
event platform where accredited investors; accomplished angels; microfinancing
groups; CIOs of investors; select merchant and investment bankers; VCs; family offices;
incubators; private equity firms; pre-IPO mutual funds; secondary stock specialists;
equity analysts; seasoned entrepreneurs; tax and legal experts and legislators from
across the world assemble in order to exchange ideas, discourse and opportunities that
will help reshape the capital markets and stimulate economic growth. Our mission is
to help develop the infrastructure of the rising private markets so that it can mature
into a viable and functional marketplace that facilitates capital formation, innovation,
expansion and job creation. For additional information please visit us at http://
Media Contact:
Barbara Thatcher, Thatcher+Co.

About Crowdfunding Professional Association
The Crowdfunding Professional Association is dedicated to facilitating a vibrant, credible and growing crowdfunding community while also advocating for an industry view versus a single company perspective. Uniting a broad-based coalition of industry participants, the association is committed to ensuring the credible development of the industry, including a commitment to the highest ethical standards. The association’s collaborations and insights are shared broadly to avoid onerous, stifling bureaucracy that can endanger innovation, idea generation and job creation. For more information visit

Crowdfund Intermediary Regulatory Advocates, or CFIRA, was established following the signing of the Jumpstart Our Business Startups (JOBS) Act. CFIRA is an organization formed by the crowdfunding industry’s leading platforms and experts.  The group will work with the Securities & Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and other affected governmental and quasi-governmental entities to help establish industry standards and best practices. For more information, visit
Please forward this to friends that may want to join us here as we will be covering topics of the Private Company Marketplace and Crowd Funding See details at for these events.