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Crowdfunding Bill Requires Legislation by Crowd – A Conversation with U.S. Congressman Patrick McHenry
by: ryan

Grow VC celebrates the 100th episode of its Everyone Funding Startups podcast with special guest U.S. Congressman Patrick McHenry – author of the Entrepreneur Access to Capital Act now patiently awaiting action in the SEnglish: US Capitol at night. A mosaic image o...enate. Congressman McHenry explains how his “crowdfunding bill” provides startups and small businesses with much-needed capital by finally allowing “ordinary” Americans to enter a market long dominated by “accredited” (read: already rich) investors.

The Congressman discusses recent opposition to his proposal and why he believes the Senate alternatives fall short of creating effective and efficient crowdfunding markets. But most importantly, Representative McHenry urges listeners to advance the debate and demonstrate the power of crowdfunding by leveraging that power within the legislative process.

You can listen to the podcast by clicking the “play” button below or through this direct link (right click to save).

Thanks for tuning in to this week’s episode of Everyone Funding Startups. Please reach out to me with any questions or comments about the show. You can email me at ryan@growvc.com or connect on twitter with the hashtag #GrowVC.

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About the author

ryan Based in New York, Ryan combines legal training and startup experience to position Grow VC’s global platform within the United States' emerging equity crowdfunding market. Ryan has experienced the hurdles that prevent promising startups from securing funding and maintains strong opinions on how to ensure the JOBS Act actually lowers these hurdles. He (shamelessly) shares these views as host of Grow VC's Everyone Funding Startups podcast. Ryan recently graduated from NYU School of Law and will begin his legal practice as a capital markets and securities associate at the New York office of Morrison Foerster.

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This entry was posted on Friday, February 3rd, 2012 at 1:00 pm and is filed under How to invest in startups, Seed Capital, Startup Investors, Startup Podcast, VC Capital. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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