San Francisco, California
London, United Kingdom
On April 5, 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act. The next day some headlines read, "A Giant Step for Entrepreneurship in America." Others said, "Why Obama's JOBS Act Couldn't Suck Worse."
So is the JOBS act good or bad for entrepreneurship? What rules and regulations does it really change? What will it mean to startups? Investors? Growing companies?
This expert panel will look into these and other aspects of the JOBS Act:
- How does the JOBS Act change IPO rules?
- How does the JOBS Act change how startups can raise money?
- How is the SEC developing these new rules? When do they take place?
- Where can startups and growing companies turn for advice on these requirements and opportunities?
Allen Blankenship, Jr., Managing Director, leads global corporate finance origination and execution for Ascendiant Capital Markets, LLC. He has a combined seventeen years of experience in institutional equities and in the operation of two businesses that he founded and managed.
Prior to Ascendiant, Allen served as a Vice President with Merriman Capital and Montgomery/Banc of America Securities, where he focused on business and client development in North American and European equity sales, trading, and advisory services. He began his career with Smith Barney in New York. Like many of his Ascendiant colleagues, Allen also has a strong entrepreneurial and operational background. In between investment banking assignments, Allen served as the CEO of two consumer-orientated companies, both of which he led from concept to acquisition.
Michael Hedge is a partner in the firm's Orange County office. His practice focuses on securities, mergers and acquisitions, corporate finance, venture capital, corporate governance and commercial transactions. Mr. Hedge has extensive experience in representing public companies in securities offerings, mergers and acquisitions and stock exchange compliance matters. Mr. Hedge also regularly works with private equity funds in acquisition transactions and fund formation. Mr. Hedge has substantial experience in the medical device, pharmaceutical and technology industries.
Gene Massey - Chariman/CEO, MediaShares
Gene Massey is the Chairman/CEO of MediaShares.com, a company holding an issued U.S. Patent for a new and innovative method of Crowdfunding that enables any company to sell its stock on its own Website or Facebook page. Known as the "Social Media IPO," MediaShares' Crowdfunding methodology can be used in any company's IPO and is fully-compliant with SEC rules that now make it possible to advertise and market a company's stock through social media and even sell to non-accredited investors.
MediaShares uses Direct Registration, a process that enables companies that already have online fans, customers, or affinity groups to use Facebook, Twitter, LinkedIn, and others to get the funding they need by selling their shares directly to their online communities. This process is known as 'Crowdfunding." In addition to his expertise in securities, Gene Massey is also known as an Internet Marketing Consultant, with extensive experience in Social Media Marketing and the Branding of Retail products online.
In the past Gene has owned and operated a Los Angeles-based advertising and marketing company. From 1990 to 1997 Gene worked personally with Ely Callaway, Chairman/CEO of Callaway Golf, creating over four hundred television commercials that introduced and promoted the "Big Bertha" line of golf clubs. During the period of time that Gene worked with Callaway, their total sales increased from $21 million in 1990 to $843 million in 1997.
Lunch will be provided.
When & Where
OCTANe drives technology industry growth and innovation in Orange County by connecting ideas and people with resources and capital. Its members represent Orange County technology executive leaders, entrepreneurs, investors, venture capitalists, academicians, and strategic advisors, all working together to fuel innovation in the OC. OCTANe annually welcomes more than 7,000 people to its programs and events. More than 2,000 business leaders throughout the Orange County region are OCTANe members. For more information, visit www.octaneoc.org.