Tag Archive: SoMoLend

  1. by Angie Chang

    Female Founders To Watch: Inspiring & Crowdfunding The Next Gen

    Celebrating women entrepreneurs “doing well by doing good”, as microfinancing guru and entrepreneur Candace Klein would say.

    By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)

    It’s been a good week for the passionate entrepreneurs who work to improve the lives of the next generation - Adafruit CEO and founder Limor Fried was announced as Entrepreneur magazine‘s 2012 Entrepreneur of the Year. She was truly inspirational on the cover of Wired magazine last year

  2. ElizabethCrowell
    by Angie Chang

    This Is What An Angel Investor Looks Like – Elizabeth Crowell

    Women 2.0 regularly profiles women (from angel investors to venture capitalists) who invest in women.

    By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)

    From angel investors to VCs, Women 2.0 puts a face to those who invest in women. Only 11% of investment partners at venture capital firms are women and 15% of angel investors are women. This is unfortunate and needs to change, as women investors are more likely to be directly connected to and able to attract female-led ventures.

    A solution to the low rate of women entrepreneurs receiving investment to go big with their ventures would be to increase the pipeline of women angel investors and venture capitalists. This week, we talk to the owner of Sterling Place, angel investor Elizabeth Crowell.

  3. 3743148872_1b6692121a_z
    by Angie Chang

    Crowdfunding Wild West Transitions To Tamed Frontier: JOBS Act Approved By Senate

    The Senate approved (73-26) the JOBS Act (HR 3606) with CROWDFUND Act (S. 2190) amendments.

    By Candace Klein (Founder & CEO, Bad Girl Ventures & SoMoLend)

    Under the JOBS Act, entrepreneurs will be able to raise up to $1 million per year through online crowdfunding platforms like my company, SoMoLend, and such others as Peerbackers and Crowdfunder. The bill includes added protection for non-accredited investors. The amount investors will be able to lend depends on their income, with some individuals capped at $2,000.

    There was much debate on the House bill, primarily around issues of fraud and investor protection. Frankly, as the founder of a crowdfunding platform that could have benefited from the House bill, I should have been wholly and solely supportive