The Jobs Act has introduced the notion of democratization in investing. The issue is not as simple as it sounds. There are lots of gaps in doing this safely. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company.
Sramana Mitra: You work through incubators and accelerators. Evgen Verzun: Yes. They come to us through the network. Somehow, they reach investors, right? These investors already have a successful experience with Kaizen. Investors refer us. Investors use us as crisis managers. It’s like, “We have a great project, but they have a huge problem.” We
Ukrainian serial entrepreneur Evgen Verzun discusses the cesspool of Cyber Security problems within the Crypto space. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company.
Sramana Mitra: I think this is a valuable discussion for people trying to understand equity crowdfunding. There need to be guard rails to protect consumers. I have seen what happened in the dot com crash. A lot of people got completely creamed out. Rebecca Kacaba: Those were public stocks, generally en masse. Sramana Mitra: Everything.
Rebecca Kacaba: Equity crowdfunding limits the amount you can invest. It’s in proportion to what your income is. I don’t fundamentally believe that, because you don’t meet an income threshold, you should not have a right to make an investment. The amount that they can invest caps how much they can lose. I think what
Sramana Mitra: What is your business model? Rebecca Kacaba: We charge technology fees – setup, monthly, and transactional. We are very aligned with our clients. They can pay as they raise capital. We’re not asking them for a big upfront payment. We make money as they make money. Sramana Mitra: You take a percentage of
Equity Crowdfunding is evolving. This conversation highlights some of the trends. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to DealMaker. Rebecca Kacaba: I was a capital market attorney for over a decade before founding DealMaker. The idea for DealMaker was born out of the problems my clients were having
Sramana Mitra: You are talking about US accounts for Indian residents? Sankaet Pathak: Yes. Their thought process stops there. They’re more focused on how much money leaves India versus what other obligations come as a function of it. Primarily, US regulators are still more relevant. Sramana Mitra: Interesting. At some level, I feel like you