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Top 10 Most Influential People in Business Crowdfunding

Every revolution needs a leader. But when it comes to revolutionizing the funding landscape for millions of entrepreneurs and small business owners, it takes a crowd.

I got involved with crowdfunding legislation in November 2011 when the U.S. House of Representatives was preparing to vote on a bill that passed and subsequently – over the next several months – helped shape what was the final crowdfunding bill under the JOBS Act.

Along the way, I’ve met hundreds of visionary entrepreneurs, business leaders, legislators, policymakers and advocates who are blazing the trail for safe and responsible business crowdfunding.

There were many people involved in the crowdfunding legislative and regulatory efforts. This is my list of crowdfunding revolutionaries; these are the ten I see as innovators, game changers and thought leaders impacting future business crowdfunding – shaping what it will mean for innovation, entrepreneurship, economic growth and jobs.

Congressman Patrick McHenry (R-NC)
U.S. Representative for North Carolina’s 10th District

Cred: He authored H.R. 2930, the first crowdfunding bill that eventually became law.

Why Top 10? As a small-business owner, he knows first-hand the funding challenges faced by small business owners. His passion and bipartisan approach were major factors in winning overwhelming support for business crowdfunding on the House floor.

Cred: Like Rep. McHenry, they have the scar tissue to make a compelling case for revolutionizing access to capital. After raising million the “hard way” for numerous businesses over the years, they saw the need for a better way. Without outside funding, and without personal incentive to do so, they set out to change the law.

Why Top 10? Working shoulder-to-shoulder with Rep. McHenry, Jason & Sherwood authored parts of the framework for H.R. 2930. Off the Hill, they galvanized a national grassroots coalition of thought leaders, and groups from business, government, higher education, consumer and non-profit sectors to urge Congress to make business crowdfunding a reality.

Steve Case
Co-founder of America Online; Chairman of Startup America Project; Chairman/CEO of Revolution

Cred: Steve is one of the country’s most well-known and respected entrepreneurs and philanthropists.

Why Top 10? His involvement was essential to the passage of the JOBS Act. He rallied support from investors, entrepreneurs and members of Congress – from both sides of the aisle – to give this upstart movement solid credibility.

Equity-based crowdfunding: recent proposed SEC rulings will make it easier for startups to access capital, sell securities.(FINANCING): An article from: Black Enterprise
Book (Earl G. Graves Publishing Co., Inc.)

Crowdfunding money to rebuild destroyed Montana

by mondoBLIND

...family health clinic
Crowdfunding money to rebuild destroyed Montana family health clinic —
Since 1976, Susan Cahill of All Families Healthcare has been in family practice in Montana, offering compassionate family/reproductive health services -- including abortion. It is for this reason that her clinic was all but destroyed by violent thugs, who even trashed her irreplaceable personal mementos. An Indiegogo fundraiser has brought in about $32K so far...

iFunding Hosts Real Estate Professionals Mixer in VA/DC Area on May 18, 2014  — Virtual-Strategy Magazine
This is an opportunity for those in real estate investing to exchange information, learn about crowdfunding as a method of rapid fundraising for real estate projects, and enjoy complimentary drinks and hors d'oeuvres.

Wiley Locavesting: The Revolution in Local Investing and How to Profit From It
eBooks (Wiley)
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