Date(s) - 03/14/18
4:00 pm - 5:00 pm
Wed, March 14, 2018 4:00 PM – 5:00 PM
This isn’t Kickstarter: Using The New Illinois Crowdfunding Exemption To Fund Your Venture
Attendees will learn how small businesses can leverage technology, fans and customers to raise funds using the new the Illinois Investment Crowdfunding law. Illinois based companies can now raise up to $4mm from their neighbors without pitching to venture capitalists or hiring an investment bank.
Take Away: A basic understanding of whether or not Equity Crowdfunding is right for your venture.
VestLo LLC is the first approved investment based intrastate crowdfunding portal in Illinois. The platform, launching in August 2016, leverages the new equity intrastate crowdfunding law that was passed in January 2016 to offer investment security instruments to accredited and unaccredited investors in Illinois. We believe in the “Invest Local” concept and that the changes in the law have the potential to spur economic growth and create wealth across all income classes.
About Howard Orloff
Howard Orloff is a nationally recognized crowdfunding professional noted as having created the 1st crowdfunding platform review and information website. Howard is also credited with co-founding one of the first equity crowdfunding platforms in the country. After receiving a Bachelors degree in marketing from the University of Buffalo, Howard moved to NYC to begin his career on Wall Street. Working as a currency and commodities trader on one of the first electronic trading desks on the street. Howard then had the opportunity to spend 4 years working with Apple, where he had the opportunity to experience the iPhone launch from inside of one of the worlds great technology and marketing companies. With experience in both financial markets and technology under his belt, Howard began his career as a FinTech entrepreneur. His experience was uniquely suited to help drive growth in the nascent crowdfunding movement, which has transformed into the equity crowdfunding industry we see today. Howard is guided by the belief that there is a place where Wall Street, Silicon Valley and Woodstock meet. A place where “You can do social good while earning a healthy profit. With the help of technology, the two are not mutually exclusive”.
About Anthony Zeoli
Anthony Zeoli is a Partner with the law firm of Freeborn & Peters LLP in Chicago and is an experienced transactional and securities attorney as well as an industry-recognized crowdfunding and JOBS Act expert. Specializing in the areas of securities, commercial finance, real estate and general corporate law, his clients range from entrepreneurs and small, privately held, businesses to multi-million dollar entities. For a range of representative transactions please go to www.freeborn.com. Anthony has particular expertise in the negotiation and documentation of real estate transactions including the acquisition, sale, construction, development, leasing and financing of real estate and has represented parties on both sides of such transactions. Mr. Zeoli is also an industry leader in the area of crowdfunding, in particular with respect to real estate crowdfunding. Most recently he drafted Illinois House Bill 3420, a bill which provides for an intrastate crowdfunding exemption in Illinois and which was unanimously approved by the Illinois’ house and Senate. Anthony holds a masters degree in accounting from the State University of New York at Albany, a law degree with a concentration in corporate law from Northwestern University School of Law, and an M.B.A. degree with a double major in finance and entrepreneurship from the University of Illinois at Chicago. He received high honors and scholarships in all programs and is also an active member of MENSA. Anthony is also currently actively involved with the entrepreneurship program at the University of Illinois at Chicago as both a mentor and a student advisor and is an active advisory board member of the New York Distance Learning Association (NYDLA).