Not the vision of the individual, but rather the shared vision of the community. A desire to learn, to make a difference, a desire to share ideas and do something worthwhile. We come together in these spaces because of the vision, to be inspired by others, as well as to offer inspiration ourselves. It's also about our field of vision being wider with more eyes: more people bringing a wider range of experience, a wider range of sources, creating more wisdom and meaning. The breadth and differences within community make it stronger. Vision inspires us.
"One of the things I learned early in my work as a professional investor is that the world is literally awash in capital. There is so much money seeking return - from traditional mutual funds and university endowments, to family offices and family foundations, to Middle Eastern sovereign wealth funds and developing-world oligarchs with global investment appetites - that there simply aren't enough places for it all to flow. Further, because these pools of capital are so large, managers need to deploy capital in large increments simply to make it feasible to manage and track their portfolios."
Equity crowdfunding could be the great equalizer for entrepreneurs and small businesses by allowing them to bypass the banks who will not lend to them, the venture capitalists who want to take advantage of them and wealthy Wall Street types who ignore them. But the law itself and the SEC rules just released will make the law unworkable for some small businesses because of the costs involved, and the restrictions on marketing imposed. Despite that, equity crowdfunding will work for some, and if the $1 million cap is raised someday, it will work for many more. In the meantime, there is always equity crowdfunding's prettier sister out there, the Regulation A+ Mini-IPO.
""This market is completely overvalued, or at least fairly valued, by almost every measure, and you know quantitative easing is coming off, so everyone has to reallocate. But how can you reallocate to bonds in this market?" said Bob Rice, managing partner at Tangent Capital Partners."
many of my clients view themselves as business owners when they should be thinking of themselves as family wealth managers. This is a surprisingly difficult shift for owners to make.