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Introductory Remarks, James Anaya Jan 2014

Introductory Remarks, James Anaya

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These remarks were delivered at a Corporate Responsibility and Human Rights panel held on Wednesday, April 9, 2014.


Teenage Crowdfunding, Andrew A. Schwartz Jan 2014

Teenage Crowdfunding, Andrew A. Schwartz

Publications

Teenage startups are in the public interest and should be encouraged, yet the federal CARD Act of 2009 eliminated credit card financing for many such companies, cutting off an important source of early-stage business capital for teenage entrepreneurs. Since then, however, Congress passed the CROWDFUND Act of 2012 which will allow teenagers to raise early-stage financing through Internet crowdfunding. Teens, being masters of the Internet, are well positioned to exploit this new opportunity, with the upshot being that securities crowdfunding may become an important way for youthful entrepreneurs to fund their business dreams.