User:Kim Wales/sandbox

Peer-to-Peer Lending and Equity Crowdfunding: A Guide to the New Capital Markets for Job Creators, Investors, and Entrepreneurs, by the author, Kim Wales. The book was published by ABC-CLIO Praeger in December 2017. It highlights the inequality gap is widening and persists worldwide. Emerging growth companies and small businesses are the fuel for the global economy, yet many find it difficult to obtain the money needed to start, grow, and sustain their businesses.

This book serves as a lightning rod and resource for investors and entrepreneurs alike and investigates how these alternative mechanisms will increase the financial and operational capacity of borrowers, lenders, buyers, and sellers in the private markets.

More than 60 governments across the globe have established financial inclusion as a policy priority and are vying for access to and use of financial services by households and firms to boost economic growth. A thought leader on securities-based crowdfunding, Wales deconstructs the texture of umbrella terms such as “mutualization,” “sharing economy,” “democratization of wealth,” and “shared society.” Her starting point is a sense that the social contract has been broken, governments have failed to serve and protect, financial markets are not fair and the wealthy have undue advantages. Underlying this last point is the genuine belief in today’s world that wealth has been unfairly restricted and therefore we must live with less. Kim explores how women and the millennial generation, the world's largest groups of people, can influence "crowd" direct investment, economic freedom, and economic growth.

Providing an indispensable resource for investors and entrepreneurs, Peer-to-Peer Lending and Equity Crowdfunding provides building blocks to instruct investors and entrepreneurs how to leverage social networks, summarises past theory as well as current schools of thought related to capital formation and economic growth, explains why creating a secondary market for private placement offerings is essential to stimulating market liquidity, and documents how public-private partnerships using digital finance and distributed ledger technology will enhance financial inclusion and positively impact investing.

The book not only describes how debt and equity crowdfunding works but also explains investment approaches, secondary markets, governance and compliance, transparency, and risk models that are necessary for investors to make informed decisions.

Features

 * Describes the inherent value in democratisation of capital and financial inclusion using peer-to-peer credit and equity crowdfunding that can assist private investors, banks, small businesses, and pension fund managers with market participation
 * Documents the necessity for fostering transparency, enhancing risk management, and establishing a secondary market to increase distribution and liquidity
 * Explains how to raise capital, invest, and make a social justice impact using digital finance
 * Highlights how social media connections influence the capital-raising process

What People Are Saying
"“In a world full of disruptors, peer-to-peer lending and securities-based crowdfunding have become the most revolutionary. Besides the more traditional methods of fundraising, angel investing was perhaps the only other credible source of funding. Kim Wales’s book gives the reader a thorough grounding in peer-to-peer lending and crowdfunding as well as in their possible impact at every level: asset management, individual and institutional investors and regulatory, to name just a few.”—Heidi L. Steiger, Former Executive Vice President, Neuberger Berman, and Former CEO Eastern Region, USBank Private Client Reserve""“A clever marriage of the fundamentals of crowdfunding, regulation, and policy for capital markets development, this book will be helpful to today’s and tomorrow’s students, practitioners as well as policy makers. Kim Wales’s insightful views rest on her deep hands-on experience as a change agent, lobbyist, and advocate.”—Laura Bottazzi, Professor of Economics, Bologna University and IGIER, Bocconi University""“This book provides the reader with the context to understand the significant growth in crowdfunding. Kim Wales also gives insightful views as to what it would take for this market to reach the next level. Her recommendations for standardisation of contracts, vocabulary, and credit ratings are particularly spot on.”—Ludovic Phalippou, Said Business School, University of Oxford""“Kim Wales has written an impressive book based upon her thorough research and understanding of a critical growth market. Anyone who is looking to the future world of funding needs to read this book.”—Emily Youssouf, Adjunct Professor, New York University’s Schack Institute of Real Estate"

About the Author
Kim Wales is the founder and chief executive officer of CrowdBureau Corporation and Wales Capital, LLC. Kim is an adjunct professor teaching a class on Entrepreneurship: Women and Diversity at the City College of New York (CUNY), the class is in the Economics department and (cross listed with Black Studies and Women Studies departments). Wales is a member of the Zahn Center Board of Advisors; a Board Member of The City College Center for the Arts; a Board Member of the City College Fund; a member of the Heritage Foundation Securities Regulation Working Group; and an Executive Board Member of the Crowdfund Intermediary Regulatory Advocates (CFIRA).

Kim is recognized as one of the countries thought leaders on the JOBS Act and securities based crowdfunding. She has advised and influenced decision-making through in-person meeting, written recommendations, serving on roundtables and committees to the Securities and Exchange Commission, FINRA, European Commission [Building a Capital Markets Union green paper], the Ontario Securities Commission, Taiwan Financial Supervisory Commission, Australian Stock Exchange and other state and federal government agencies as related to equity and debt based crowdfunding and is cited in the final rules for Title III (Regulation Crowdfunding) and Title IV (Regulation A+) over 100 times.

From 1995–2011, some of Ms. Wales’ clients included Chase Manhattan Bank, Morgan Stanley, Depository Trust Clearing Corporation, Prudential, NYSE Euronext, Shaklee Corporation and The Bank of N.T. Butterfield & Son Limited; consulting and advising in areas covering clearing & settlement, cash management, Basel II – Pillar I, Sarbanes Oxley, and post merger work related to restructuring Fund Administration and Corporate and Personal Trust businesses.

Ms. Wales has been featured and quoted in the Wall Street Journal, New York Times, Forbes, Smart CEO, Business Week, The Deal, Black Enterprise and featured on Bloomberg-TV. She is a frequent invited speaker at global events.