May 17 2017
Doug Ellenoff Shares Perspective on Anniversary of Regulation Crowdfunding Launch
Doug Ellenoff is one of the most recognizable names in the crowdfunding space. A founding partner of the Manhattan law firm of Ellenoff, Grossman and Schole, LLP, he has spent the last few years acting as a JOBS Act champion and crowdfunding advocate both publicly and privately on Capital Hill. His firm represents many crowdfunding platforms and issuers across the spectrum of JOBS Act crowdfunding exemptions.
December 05 2016
Doug Ellenoff & Richard Baumann of EGS Explain Unique Structure of Fig Reg A+ Crowdfunding Offer
Utilization of the updated securities exemption colloquially called Reg A+ continues to gain traction. A form on crowdfunding that has been described as a Mini-IPO type offering due to the scaled disclosure, reduced cost and the option to immediately trade shares, Reg A+ is an emerging step in the capital ladder for smaller firms.
June 29 2016
Understand the Crowdfunding Shift That Could Transform How Startups are Funded
To most people, crowdfunding means that someone invented a thermos that sings “Yankee Doodle,” and it just raised $750,000 on Kickstarter. But that’s about to change. In May, a regulation called Title III, a part of the Jumpstart Our Business Startups Act, clicked into effect, and it has the potential to alter the way many startups are funded — and how people use the word crowdfunding.
June 02 2016
Is This the Proposal That Could Save Crowdfunding?
Proposed fixes to Title III could ease the way for more equity crowdfunding. They run the gamut, from a company that makes customizable condoms, to another that sells moonshine-based liqueurs, to yet another that bills itself as a social network for gamers.
May 03 2016
Perspective on Crowdfunding: This New Industry Will Flourish
Two years after Title II of the JOBS Act, known as 506(c), went into effect well over one billion dollars of financings have been closed through online funding portals under this provision and 506(b). The year over year growth has been substantial. Entrepreneurs and real estate professionals have benefited and so have investors.
December 22 2015
Douglas Ellenoff, a member of the Firm, was interviewed by Crowdfund Insider on his thoughts on 2015 and his expectations for the coming year.
Click here to read the interview.
October 30 2015
S.E.C. Gives Small Investors Access to Equity Crowdfunding
Entrepreneurs raising money through crowdfunding campaigns have typically rewarded their backers with early access to products and with tchotchkes like T-shirts and coffee mugs. But under new rules adopted Friday by then, they will be able to offer a prize that could be more lucrative: an equity stake in their business.
The New York Times, Oct. 30, 2015
October 29 2015
With SEC poised to expand crowdfunding rules, it’s time for advisers to get up to speed
Investment crowdfunding is coming to the retail investor marketplace and financial advisers who are not up to speed could be missing an opportunity to provide valuable guidance to their clients. “I think it’s a really big thing,” said Doug Ellenoff, a securities lawyer at Ellenoff Grossman and Schole. “I have every belief that in five years if we do this responsibly, we’ll be looking back at this like we looked back at the start of online trading.”
Investment News; Oct. 29, 2015