LATISM Business and Equity Crowdfunding Twitter Chat
with Special Guest Manny Fernandez
by Melanie Mendez-Gonzales
Due to recent laws and regulations have made equity crowdsourcing an option for small business owners and entrepreneurs. Equity crowdfunding is the process whereby people (i.e. the ‘crowd’) invest in an early-stage unlisted company (a company that is not listed on a stock market) in exchange for shares in that company.
This is big news for small business owners. According to , this form of capital raising is especially attractive to “main street” businesses — which may have a great history and engaged customers, but find that banks aren’t willing, or able to lend to them. This model exists in many other countries, and we see local food-based businesses, bars and pubs, art and creative studios and other product based companies taking advantage of these models and raising on average about $700,000.
That leads us to the question: who is going to fund our Latino-owned businesses? Historically, minority businesses are highly unlikely to be funded by investors.
For our weekly #LATISM Twitter Chat, we will be joined by founder of Dream Funded, an equity crowdfunding platform that allows business owners to raise up to $1M from anyone on social media, Manny Fernandez. Fernandez is also the 1st Hispanic to be featured as an investor on a TV show – Make Me a Millionaire Inventor airing Oct 6th.
Business owners and entrepreneurs (and those aspiring to be)are invited to join us as we discuss equity crowdfunding and what it means for you; challenges of being a business owner and why we don’t see more Latino investors like Fernandez.
Fernandez recently won the Calfifornia Chambers of Commerce Shark of the Year Award. During his acceptance speech, Fernandez said regarding equity crowdfunding, “This is what I am bringing to you, it is for us to win, it is us coming together, organizing for capital. I have seen it, I know how it works I have the knowledge, but I need others who want to use it to raise money from their community.”
LATISM Business Twitter Chat with Special Guest Manny Fernandez
9 p.m. EST – 10 p.m. EST
Hashtags to follow: #LATISM #LATISMbiz
Special Guest: @MannyFernandez
Manny Fernandez, the co-founder and CEO of DreamFunded, is a Silicon Valley angel investor, angel group founder, serial entrepreneur and keynote speaker. He has been successful leading his own ventures as well as advising other startups on their paths to success. Fernandez won the Equity Crowdfunding Leadership Award in 2014 for co-founding DreamFunded. He had previously founded SF Angels Group in San Francisco, and he has been an investor with TiE Angels since 2012. Fernandez was named in Inc. Magazine’s list of the top 33 entrepreneurs to watch in 2016 and was named 2014 SF Angel Investor of the Year. He is the 14th most followed Angel Investor on Twitter, with over 100,000 followers.
An international keynote speaker, frequent judge and panelist for startup demo days, Bay Area corporations, colleges and universities, Fernandez has been a featured guest speaker at: NBC, CNBC Squawk Box (twice), South by Southwest (Texas), SLUSH (Finland), Epicenter Festival (Mexico), Stanford University, UC Berkeley, Harvard University, University of San Francisco (USF), PayPal, Yahoo!, Plug and Play, USAWeek in Europe, Intel Global Challenge, California Hispanic Chamber of Commerce’s (CHCC) SharkTank, Startup Grind, AngelHack Global Demo, Startup Weekend and many more.