S2, Episode 3: Republic—Equity Crowdfunding Case Study

Season Two: Episode Three – A look at equity and crypto crowdfunding and Republic, an equity crowdfunding platform focused on diversity and mission-driven startups.  

Episode Description:  Julia Báez Valentín (Fordham Law ’19) and Soo Young Hong (Fordham Law ’19) interview Chuck Pettid (Fordham Gabelli School of Business, MBA, Finance ’06) on the crowdfunding platform Republic to discuss equity and crypto crowdfunding. They examine the safety, viability, and future of this relatively new approach to funding for startup companies. 

Episode Roadmap:

  • [:30] Julia Báez Valentín and Soo Young Hong introduce themselves and give an overview of crowdfunding and related securities law regulations.
  • [3:43] Chuck Pettid introduces himself and his work with Republic and crowdfunding.
  • [7:11] Is crowdfunding a viable way to finance your business?
  • [8:59] A look at Crowd SAFE and Republic’s involvement in cryptocurrencies.
  • [13:07] Confronting and mitigating investor risks associated with issuing tokens.
  • [15:34] Republic’s commitment to diversity  and serving underserved founders.
  • [18:33] All about Meet The Drapers. 
  • [22:51] The value of providing feedback to rejected founders.
  • [25:08] Additional television productions in the works.
  • [30:16] Considering the future of crowdfunding.

Tweetables:

“The most important thing to note is that with equity crowdfunding versus donation crowdfunding the companies have to comply with federal securities regulations.” — Soo Young Hong

“Regulation Crowdfunding enables companies to raise funds they previously lacked access to, and those funds are coming from everyday people that now have the ability to invest in startups.” — Julia Báez Valentín

“Crowdfunding should be a tool in every startup’s toolkit.” — Chuck Pettid

“It’s been our theme at Republic from the beginning – founders always need to put their best foot forward.” — Chuck Pettid

“Take crowdfunding seriously. It’s going to be around for a long time.” — Chuck Pettid

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Startup LAWnchpad  is the podcast that educates entrepreneurs about forming, growing, and protecting a startup.  Startup LAWnchpad is produced by the Entrepreneurial Law Clinic at Fordham University School of Law in New York City.