Georgia is quickly becoming the top state for equity crowdfunding – maybe the best in the country. Our state leaders made this possible when they made Georgia only the second state (after Kansas) to legalize this flourishing method of raising capital. In addition to legalizing intrastate equity crowdfunding, Georgia’s crowdfunding rules are short, simple and wisely keep crowdfunding transaction costs to a minimum.
In addition to its friendly legal and regulatory environment, Georgia has a core group of crowdfunding professionals who are committed to seeing equity crowdfunding succeed, including the non-profit Georgia Crowdfunding Association. One of those professionals is Knox Massey, who has spent much of his own (unpaid) time and money working on various intrastate crowdfunding initiatives, including working with state policy makers. Among Knox’s other contributions is hosting “Pitch Nights” in Atlanta Tech Village.
During a crowdfunding Pitch Night, select companies raising capital on a Georgia crowdfunding portal pitch their companies face-to-face, to a room of investors. Pitch Night #1 was January 21 and was a huge success with about 120 people in attendance and four companies pitching. It was clear from the enthusiasm and size of the crowd that 2014 may be crowdfunding’s break-out year.
Knox and his team are hosting Pitch Night #2, on February 19. I encourage you all to get involved – admission is free and you are sure to learn a lot about crowdfunding. Please RSVP to [email protected] Feel free to contact me with any questions: [email protected]