While equity crowdfunding hasn't taken off the way that many hoped, it is an important influence on startups and the EIS industry. Rob Murray Brown is one of the few crowdfunding experts outside the platforms, with strong opinions on what is and isn't working for investors.
In this episode of The EIS Navigator, Brian and Rob discuss many of the issues for investors, the challenges of getting the right information, what diligence the platforms are or are not doing and what investors should be doing to minimise their chances of being involved in any of the disasters. They also talk about the UK insolvency process and how it isn’t serving investors well.
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Rob Murray Brown’s whole career has been based in the SME and Start Up World, firstly as a trader on his own account in the early 1980s; through the creation and expansion of a specialist housewares importer and retailer, to a very early commercial satellite mapping experiment; setting up Scotland’s leading bespoke tile retailer; back to retail consultancy and then onto events management. He set up ECF Solutions in 2016 to help companies use equity crowdfunding responsibly, and ECF.Buzz has developed from this, as a place for investors in this sector to learn and exchange experiences and knowledge.
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