Raising funds independently through Reg A+ crowdfunding
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Manage episode 438856725 series 3394797
A little over two years ago, Phil Greenwood acquired Careerlink.com, a job board and staffing company based in Omaha, Nebraska. Its revenues and profitability were declining but they're now both increasing.
Months ago, Careerlink announced that it planned to raise $20 million through a relatively new crowdfunding fundraising vehicle: the U.S. Securities and Exchange Commission (SEC) Regulation A+. It is far more involved than crowdfunding through a platform like GoFundMe, yet far less than a traditional IPO.
In today's episode, Phil discussed with Cohosts Peter M. Zollman and Steven Rothberg what Careerlink does; why his leadership team chose Reg A+ to fund their future growth and increase the likelihood of an eventual, successful exit; and the success they're having.
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