02 Mar March 2, 2016 – Crowdfunding Update from Sherwood (Woodie) Neiss & SMB Sentiments w Todd Hollander
Sherwood (Woodie) Neiss – General Partner at Crowd Capital Venture Fund and Principal of Crowdfund Capital Advisors
Sherwood Neiss is recognized as a global thought leader on Crowdfunding. He is an award-winning entrepreneur who co-authored the framework that became the legislation that was signed into law by President Obama legalizing debt and equity-based crowdfunding. He is co-author of the World Bank report ‘Crowdfunding’s Potential for the Developing World’ and co-author of ‘Crowdfund Investing for Dummies,’ the ‘how to’ guide for entrepreneurs and investors looking to raise money from the crowd and invest in crowdfunded opportunities. Through his work with the US State Department, the World Bank and the University of California, Berkeley he produces comprehensive crowdfund investing material and advises governments and NGOs globally on building crowdfunding ecosystems so that startups and small businesses can access capital to innovate and create jobs. He is a 3-time INC 500 award recipient, motivational speaker, and an advocate for entrepreneurs, and holds an MBA in International Finance. Crowdfund Capital Advisors provides comprehensive advisory solutions to both public and private institutions.
Todd Hollander – EVP, Head of Business Banking at Union Bank
Todd Hollander is a managing director and head of Business Banking for MUFG Union Bank, N.A. The Business Banking group serves businesses with up to $50 million in annual revenues and offers a comprehensive group of products and services for businesses and their owners, including deposit solutions, loans, lines of credit, specialized credit programs and online business products. A 25-year industry veteran, Todd served as vice chairman of the Consumer Bankers Association’s (CBA) Small Business Banking Committee during 2015. In October 2015, he began serving a two-year term as the committee’s chairman. He graduated from San Diego State University and completed post graduate work at Stanford, the University of Chicago, and the Consumer Bankers Association’s Graduate School of Retail Bank Management. Union Bank announced the results of its annual Small Business Economic Survey, showing that small business owners are less optimistic about 2016 than 2015 mainly because of uncertainty surrounding election implications and interest rates. Half of business owners are either unprepared or don’t know if they are prepared for interest rate chances. Forty four percent of owners believe the Affordable Care Act is the most concerning election issue for them, followed by immigration, equal pay and foreign trade.