Connect with us

Crowdfunding

Republic CEO on Four Years of Equity Crowdfunding

Avatar

Published

on

Note: Equity crowdfunding and Republic both turned four this year! To mark the occasion, our friends at KingsCrowd reached out to Republic CEO and co-founder Kendrick Nguyen to hear his thoughts on the future of startup investing. We wanted to share their piece with you today.

 If you want the chance to ask Kendrick questions yourself, there’s still time to sign up for our webinar with him tomorrow, July 30th at 3 p.m. ET/noon PT. The webinar will be an hour long, and we’ll take questions from the audience throughout. You can register for free here.

KingsCrowd also rates every startup crowdfunding today using its proprietary algorithms. They’re the MorningStar of the private space. And if you’re interested in using their ratings to help you invest, click here.


Equity crowdfunding turned four back in May. And much has happened in its four-year (and counting) run. Investors have given more than $350 million to more than 1500 startup companies since 2016. 

The total number of investors using crowdfunding platforms has skyrocketed as well. In 2016, only 61,000 investors participated in crowdfunding raises. Last year that number jumped to 265,000! And 80% of those were non accredited investors. Regulation Crowdfunding deals have democratized startup investing by giving so many everyday investors an opportunity that didn’t exist just four years ago.

This month Republic is also celebrating its fourth birthday. The crowdfunding platform has been there almost every step of the way as equity crowdfunding has grown and flourished. We reached out to Republic CEO and co-founder Kendrick Nguyen to get his take on the future of startup investing and hear about one of his favorite Republic success stories. 


KingsCrowd: Republic has seen some major growth and new partnerships recently. What are you most proud of in Republic’s four years of operating?

Kendrick: I’m incredibly proud of how far we’ve come since our inception. We were founded by AngelList alumni who fought for the passage of the JOBS Act and our mission remains the same as it was in the beginning: to provide startups access to the capital they need to grow while allowing everyday people the opportunity to invest in private companies. Since then, our platform has grown into a robust ecosystem of private investing with more than 700,000 members. In addition to the retail platform, which funds early-stage startups with micro-investments from the general public, we now have a private capital arm that supports larger investments from accredited-only investors and a crypto advisory arm for blockchain projects. We’re also expanding into new verticals and asset classes. We recently acquired real estate investment platform Compound backed by Founders Fund and NEA, and Fig, a video game investment platform backed by Spark Capital and Greycroft. Most recently, we launched  Republic Note, our own digital asset. To think of how far we’ve come in the last four years makes me very excited for the next four, and many more to come. 


KingsCrowd: Equity crowdfunding has already disrupted the status quo for startup investing. Today there are over 40 platforms hosting startup deals of all kinds. The SEC is considering raising the Reg CF limit from $1.07 million to $5 million (among other updates). Do you see any major trends in the equity crowdfunding ecosystem?

Kendrick: So much has changed in the crowdfunding space since 2016, but mainly it’s the marked surge of investors active in space. People who have never invested before are now able to invest in companies they support with as little as $50. With crowdfunding comes a powerful connection between startups and investors, and that leads to the support of the smaller companies. Some industries have undoubtedly seen an uptick in interest and investment volume, from real estate to video games to plant-based foods. We’ve also seen more founders turn to crowdfunding as part of their fundraising strategy or purely as a marketing, engagement, or mission initiative. Republic specifically saw a 42% increase in investments made on our platform over the last two months and added over 75,000 new users.


KingsCrowd: With so many exciting things happening at Republic, where do you hope to be this time next year?

Kendrick: The future holds many things for Republic as we are looking to become the “Amazon of private investing.” With our recent acquisitions and the launch of our digital asset (Republic Note), we’re not holding back. In the near future, we will be hosting more Regulation A+ deals. Reg A+ allows companies to raise up to $50 million per year (also known as a “mini-IPO”) and will allow our community to invest in more mature private companies. 


KingsCrowd: There’s a lot of risk and uncertainty surrounding startup investing. Can you give us an example of a success story that came out of equity crowdfunding on the Republic platform?

Kendrick: The legacy system doesn’t do a good job at funding founders from diverse backgrounds. Black-founded startups only receive around 1% of overall venture capital funding, according to Crunchbase. Women are also underrepresented, having received just 2.2% of venture funding in 2018, according to Fortune

Since the beginning, we have built Republic with these problems in mind. As a result, more than half of all the startups which raised money on Republic were founded by individuals who are often overlooked by the traditional funding system. We believe this is an area of incredible untapped economic potential. 

An incredible example of success is Fleeting — a platform that connects companies with reliable commercial truckers. Founded by Pierre Laguerre in 2018, Fleeting was the first-ever company with a Black male founder to have raised $1.07M in funding from non-accredited investors. Close to 5,000 Republic users invested in Fleeting, including Chamillionaire, who is partnered with Republic, and E-40. Chamillionaire and Republic’s partnership came from each of our strong desires to provide funding opportunities to founders of color. Fleeting’s campaign on Republic ended earlier this month. 


A hearty congratulations and happy birthday to Republic from KingsCrowd! We appreciated hearing from Kendrick and getting his insight into the space.

Source: https://earlyinvesting.com/republic-ceo-four-years-equity-crowdfunding/

Crowdfunding

Friday Charts: The E-Commerce Extravaganza (And Opportunity) Starts Now…

Avatar

Published

on

It’s Friday in the Trend Trader Daily Nation.

If you’re a regular, you know the drill by now. So go ahead and scroll down.

For the newbies, here’s the deal…

Each Friday, I embrace the adage that “a picture is worth a thousand words.”

And I select a handful of graphics to put important economic and investment news into perspective for you.

All it takes is a quick glance — and you’ll be up to speed and poised to profit.

So let’s get to it…

Pandemic Be Damned! There’s Shopping to Be Done

Yesterday was Turkey Day. And today? Well, it’s the start of a retail shopping extravaganza.

But this year, because of the pandemic, we’ll be taking all of our buying online. All $39.1 billion worth of it, according to forecasts from eMarketer.

That’s a lot of loot to spend. And it certainly won’t happen all in one day. You see, as it turns out, Black Friday isn’t the biggest shopping day of the year anymore.

Cyber Monday takes that crown. Take a look:

What’s the investment takeaway here? Simply put, it’s time to bet big on e-commerce because the pandemic is permanently reshaping buying behavior.

Rest assured, I’m scouring the markets right now for under-valued, under-followed small caps levered to this trend. So stay tuned!

In the interim, have you placed your bets on semiconductors yet?

Push All Your Chips in Here…

On Tuesday, I alluded to the red-hot performance of the chip sector.

Consider this a more blatant call to place your bets, stat!

As you can see, semiconductor stocks aren’t just trouncing the overall market (S&P 500), they’re trouncing the entire tech sector, too.

While I’ve been pounding the table to buy chip stocks ever since the pandemic hit, the “Johnny-Come-Latelies” on Wall Street are finally catching on, too.

Consider: Bank of America’s wonder-boy analysts have a new research note out this week telling clients to expect growth rates to quadruple.

That’s good news for us, as it promises to bring a flood of new money into the sector, driving prices for chip stocks to fresh all-time highs.

That includes LAM Research (LRCX), which I mentioned to you a few weeks ago (see here).

It’s already up 30% and counting.

You can’t say we don’t give you profitable investment information — for free!

By the way, Bank of America’s analysts agree with my bullishness on LAM. So much so that they just raised their price target to $485.

Keep going, boys! You’re still being too conservative.

That’s it for this week! Catch you on the flip side with more fresh trend-trading insights.

As always, if you have any questions, comments or complaints, fire away at info@trendtraderdaily.com. I read every note you send me, and keep in mind that I might respond to any particularly nasty ones in a future column… so don’t say I didn’t warn you! 

Ahead of the tape,
Lou Basenese
Lou Basenese

Comments

Source: http://www.crowdability.com/article/friday-charts-the-e-commerce-extravaganza-and-opportunity-starts-now

Continue Reading

Crowdfunding

Do These People Look Familiar to You?

Avatar

Published

on

You rely on Crowdability to bring you the best start-up deals. Now rely on us to bring you the most fascinating stories and trends from the world of technology. You won’t find this stuff in the mainstream press. Look for it every Friday morning.

How to Get Your Hands on a Free Tesla

In the next 90 seconds, you could be behind the wheel of a Tesla Model X. There’s just one catch. Find out more here »

A Fun, Safe Way to Be with Your Loved Ones for the Holidays

A Texas couple came up with a safe way to be with their grandchildren over the holidays. The best part? You can do it, too. Get the scoop »

It’s Time to Take Another Look at Bitcoin

Have you looked at the price of Bitcoin lately? It nearly reached an all-time high this week. And more than a few investment pros say it’s going much, much higher. Crypto-yea! »

“Hey Alexa — Shut Up!”

Amazon’s smart-voice assistant can certainly come in handy. But if you’re not careful, she could spill the beans on all those holiday gifts you purchase. Learn how to keep her quiet »

Do These People Look Familiar to You?

The people in this article may look familiar. But they were born from the mind of a computer. They don’t exist. The question is, can you tell they’re fake? Judge for yourself »

Comments

Source: http://www.crowdability.com/article/do-these-people-look-familiar-to-you

Continue Reading

Crowdfunding

The #1 Key to the Biggest Biotech Profits

Avatar

Published

on

As Wayne and I have been explaining recently, there’s one trend you absolutely need to be investing in right now:

Biotech.

Most investors avoid this lucrative sector because, frankly, it can seem overwhelming. “I’m not a doctor!” they say. “How am I supposed to predict which drugs will get FDA approval?”

So today, we’d like to point you to a specific biotech company you should own right now.

Why? Because in the next 45 days, it could realistically double.

But before I tell you more, let me explain why investing in biotech is so important right now.

Public and Private Investors Can’t Get Enough

As our partner Lou Basenese wrote yesterday:

“Being a profitable trend trader means following big money flows, no matter where they’re going. And today, the smart money is sprinting, faster than Usain Bolt, into biotech.”

Consider:

  • The SPDR S&P Biotech ETF (XBI) is up 78% since the March bottom. That trounces the returns of the Nasdaq (+64%) and the S&P 500 index (+44%) over the same time period.
  • Private capital is flooding into biotechs. During Q2 2020, venture funding into U.S.-based biotechs reached $6.4 billion. That’s the single highest quarterly total ever.
  • Public market investors can’t get enough, either. Case in point: 40% of all IPO and follow-on financings in the market this year have been for biotechs. In other words, the overwhelming majority of new money being put to work in the public market is going into biotech deals.

But even against this backdrop, I understand that you still might be worried about trying to pick individual biotech investments.

And that’s where some wisdom from Lou comes into the picture…

The #1 Key to the Biggest Biotech Profits

In a recent column for you, Lou shared a safe way to invest in the smallest and most innovative (and therefore, the most potentially profitable) biotech stocks…

You can do that via the Principal Healthcare Innovators Index ETF (BTEC).

BTEC remains a top choice today, and a safe choice.

However, as an ETF, it invests in a basket of stocks. Over 250 of them.

So, while its focus on biotech makes it possible for us to earn a market-beating return…

Because of its breadth, it’s impossible for us to maximize our profits.

To make the biggest returns — for example, to double or more our money — we need to focus on individual biotech stocks.

And that’s where Lou’s live event comes into the picture…

“Buy this Biotech Stock!”

You see, last night at 8pm Eastern, Lou hosted a LIVE online event on Zoom.

During the event, Lou taught his readers how to take the guesswork out of biotech investing…

And furthermore, he shared — also, 100% free — the safest and most potentially profitable biotech stock to own right now.

As he explained, this biotech stock has already been de-risked:

  • Its drug works. In fact, it works so well that the FDA allowed the company to skip Phase 3 trials and go straight to applying for full marketing approval. If granted, this drug will be on the market next year.
  • An urgent need for it exists. Over 1 million people in the U.S. currently suffer from the disease it treats. Another 40,000 people each year develop it. And yet no other treatment option exists. Making matters even more urgent, most of the newly diagnosed patients are children.
  • A profit delivery date has been set. In 60 days or less, we’ll know if its drug application is complete and ready for final review. (Lou fully expects that it will be.) Then, the FDA will provide a specific date where it will issue a final approval. Anticipation of this decision alone could lead shares to double… and they could double again when approval is granted.

The Ticker Symbol of Lou’s #1 Biotech Stock

And now I’ve got some very good news to share…

Lou let us record his event for all of our Crowdability readers…

And now it’s ready for you to view »

As Lou wrote before he went live,

“No gimmicks here. During the event, I’ll be sharing the company’s name and ticker symbol, as well as my investment thesis for it.” 

Again, this is the identity of Lou’s #1 biotech stock to buy right now…

And he’d like to share it with you — for free.

To watch the replay of Lou’s live event from last night, just click here »

Happy Investing.

Best Regards,
Matthew Milner
Matthew Milner
Founder
Crowdability.com

Comments

Source: http://www.crowdability.com/article/the-1-key-to-the-biggest-biotech-profits

Continue Reading

Crowdfunding

10 Reasons I’m Thankful…

Avatar

Published

on

With Thanksgiving upon us, I’m forgoing our regular content and financial analysis to count my blessings, Trend Trader Daily style.

As you’ll see, many of these blessings are still financial-related. Sorry, I can’t help it…

  • I’m thankful for my losing stock recommendations from the past, as they keep me humble and working harder to perfect my craft.
  • I’m thankful for all my winning stock recommendations. I imagine you are, too. (No explanation necessary.)
  • I’m thankful to live in the United States where I can practice any religion, speak my mind freely, and should I feel so inclined, own a gun.
  • I’m thankful that I work with a team that keeps their word and is committed to delivering quality, no matter how much time and effort it entails.
  • I’m thankful for the 1980s. It was the only era where we could dress up like clowns, or in fluorescent colored clothing, and be considered fashionable. Also: the music of that era is unbeatable. Disagree if you must, but there’s no changing my mind.
  • I’m thankful for new relationships (both business and personal), as they prove that the rewards for enduring dark days and bad relationships far outweigh the struggles.
  • I’m thankful I escaped growing up in New Jersey without having a heavy accent. Otherwise, my professional career might have been severely stunted. No offense to youse other guys that weren’t as lucky.
  • Speaking of New Jersey, I’m thankful for Joey’s House of Pizza in my current hometown of Nashville. There’s nothing like authentic northeast pizza to stir up the nostalgia of growing up in the greatest part of the country.
  • I’m thankful the investment markets are dynamic. It keeps my job exciting and unpredictable, and ensures that no one can maintain an unfair advantage for long.
  • I’m thankful for my many investing mentors — Warren Buffett, Peter Lynch, Sir John Templeton, David Dreman, James Bagwell, and Alexander Green, among others.
  • I’m thankful for forgiveness. Without it, I would never have been able to spend an unforgettable weekend with my estranged brother last year before his untimely passing.
  • I’m thankful for our loyal Trend Trader Daily readers. Without you, I’d be muzzled and working for a bulge bracket Wall Street firm.
  • Most important of all, I’m thankful for my family… and my three kids, in particular. Their innocent laughter always seems to take away my concerns, even if just for a moment.

In case you’re counting, I didn’t stop at 10 reasons.

That’s because, even in these strange Covid-19 times, there’s more to be thankful for than to bemoan.

Or as Henry David Thoreau wrote, “I am grateful for what I am and have. My thanksgiving is perpetual.”

So if you’re feeling thankful, too, here are two ways you could consider giving back.

Two Actions to Take Today

First, take a moment to count your own blessings. I’m confident a mere 60 seconds of reflection will overwhelm you with gratitude.

Second, if I’ve ever done something to help make you money, make you laugh, or improve your financial wisdom, I’d ask that you consider joining me in donating to a very worthy cause:

The Roberto Clemente Santa Ana Health Clinic.

Located in Nicaragua, the second poorest country in the Western Hemisphere, the clinic provides free and low-cost medical care to over 30,000 patients in the isolated villages of Limon, Rancho Santana, and 27 surrounding communities.

Think prenatal care, basic prescriptions, treatment for asthma attacks and allergic reactions, and general checkups. Things we take for granted because walk-in clinics and hospitals abound in the United States.

Without the vision and passion of my friend and former boss, Julia Guth, the clinic would never have been built.

Here’s the thing. As a U.S.-based 501(c)(3) non-profit organization, the clinic depends solely on private donations to continue operating. And giving, particularly in developing countries, is down significantly this year. At a time when Nicaragua severely needs it, too.

You see, not only is the country suffering through the pandemic like the rest of the world, but Nicaragua was also hit with two devastating hurricanes.

I recognize that times remain tough, and that countless other causes deserve your attention and consideration. As a decade-long supporter of the clinic, though, I can personally attest that even small contributions will make an immediate difference.

I’ll be making a donation today. And I hope you’ll join me.

After all, as the playwright Thorton Wilder said, “Money is like manure; it’s not worth a thing unless it’s spread around encouraging young things to grow.”

To donate, click here.

And if you cannot or choose not to donate, no worries. I’m thankful for your consideration, and for the continued confidence you place in me as a reader of Trend Trader Daily.

As always, if you have any thoughts you’d like to share, don’t hesitate to contact us at info@trendtraderdaily.com.

I wish you and your family a very healthy, safe, and happy Thanksgiving… whether you’re celebrating with them in person, or from afar.

Ahead of the tape,
Lou Basenese
Lou Basenese

Comments

Source: http://www.crowdability.com/article/10-reasons-im-thankful

Continue Reading
Cyber Security17 mins ago

Digitally Signed Bandook Trojan Reemerges in Global Spy Campaign

Amb Crypto26 mins ago

Ethereum long-term Price Analysis: 30 November

Amb Crypto56 mins ago

Bitcoin’s price could one day be $500,000: Gemini’s Winklevoss brothers

Aerospace1 hour ago

2020 SpaceNews Awards Virtual Event

Amb Crypto1 hour ago

What does Bitcoin’s Sentiment say about its future?

Amb Crypto2 hours ago

Monero, Polkadot, Compound Price Analysis: 30 November

Amb Crypto2 hours ago

Former Chief Digital Officer of Luxury brand LVMH joins Ledger 

Cleantech2 hours ago

EV Aftermarket Virtual Trade Show (Show & Tell) Is Today — Join Us!

Cyber Security2 hours ago

MacOS Users Targeted By OceanLotus Backdoor

Cleantech2 hours ago

Townie Path Go! E-Bike: A Premium, Sturdy Electric Bike For Commuters & Fun

Cyber Security2 hours ago

Pandemic, A Driving Force in 2021 Financial Crime

Aerospace2 hours ago

FCC Chairman Ajit Pai to leave agency in January

SaaS2 hours ago

Generative Media: The Future of Visual Marketing

Amb Crypto2 hours ago

Bitcoin SV long-term Price Analysis: 30 November

Automotive3 hours ago

Tesla gains permission to begin second phase of deforestation at Giga Berlin

Aerospace3 hours ago

SES to provide satellite connectivity for U.S. military ‘internet of things’

Aerospace3 hours ago

Launchspace Technologies proposes debris mitigation and collection constellations

SaaS3 hours ago

How Long It Roughly Takes to Close a Deal in SaaS. And Why.

Cleantech4 hours ago

Renewables = 70% of New US Power Capacity in 2020, Solar = 43%

Cleantech4 hours ago

Ford To Convert Cologne Factory For MEB Based EV Production

Aerospace4 hours ago

China pushes ahead with super-heavy-lift Long March 9

Automotive5 hours ago

GM cuts back terms of partnership with Nikola, shares drop over 24%

Cleantech5 hours ago

Top Tesla Goodies for Cyber Monday

Cleantech5 hours ago

Conference programme announced for Plastics Recycling Show Europe virtual event

Cleantech5 hours ago

Research creates hydrogen-producing living droplets, suggesting a route to possible future energy sources

Cleantech6 hours ago

Australasian water programme creates opportunities for European technology companies

SaaS6 hours ago

How to Level up Your Writing Skills for Irresistible PPC Ads

Blockchain6 hours ago

J.P. Morgan Analysts Foreshadow Further Bitcoin Declines

Blockchain7 hours ago

Chainlink (LINK) Falls Putting Bullish Structure In Doubt

Coinpedia7 hours ago

ETH 2.0 is Ready For Launch, Will ETH Price Get a Push to Touch $1k?

Trending