Tag Archives: David Drake

Give Back, Pay Forward

By David Drake Growing need for professional philanthropic assistance Philanthropic assistance to wealthy families is fast becoming a top service provided by family offices today.  The explosion in the number of ultra-wealthy individuals in the world, with many arising from emerging economies, is greatly altering the family office landscape. Traditionally set up to provide wealth management services for affluent individuals […]

US Leads Crowdfunding for Equity with Passing of Final Law of JOBS Act

By a two-thirds vote, the Securities and Exchange Commission (SEC) finally came to the decision to pass equity crowdfunding, otherwise referred to as Title III of the Jumpstart Our Business Startups (JOBS) Act, into law at a public meeting held on Friday 30 October  2015, more than 80 years after the SEC Act of 1933. SEC Chair White and Commissioners […]

Breaking News: SEC Votes on Crowdfunding for Equity 30 Oct 2015

After three and a half years, the  SEC (Securities and Exchange Commission) is finally voting on Title III of the Jumpstart Our Business Startups Act  (JOBS Act).   I lobbied for the JOBS Act in 2011 and was there at the first ever SEC meeting held to discuss the equity crowdfunding law on 20 April 2012, two weeks after President […]

New HIV Self-Injectable Drug Receives Green Light From FDA For Phase 3 Clinical Trials – PRO 140 Could Get Fast-Track FDA Approval

By David Drake HIV has plagued the United States women and children alike for the last few decades. I never thought we would actually see a potential antidote to permanently suppress or even eradicate HIV (Human Immunodeficiency Virus) in my lifetime. That is until I came across a new biotech company that has developed the first self-administered, injectable antibody for […]

Who Dares to be the next Ben and Jerry’s or Fundrise to Raise up to $50 Million through Regulation A+?

By David Drake   All startups need capital to innovate, launch, scale and grow. For companies seeking additional financing for their working capital or to expand its operations but do not yet want to risk an IPO, using the newly approved Regulation A+ is a possible alternative.   Ben & Jerry’s Homemade Inc. (BJICA) is one firm that was able […]

Fashion and Bitcoins – Will Matthew Mellon II shape the future of the online currency?

By David Drake   In late 2014 we observed a truly unique phenomenon – the rise of bitcoins. It seems as if overnight the Chamber of Digital Commerce (CDC) skyrocketed its influence in the world of monetary assets. Matthew Taylor Mellon II was chosen to be the executive chairman of the committee and is expected to shape the future of […]

Why the New Regulation A+ Rules Will Rock the Crowdfunding World

By David Drake The US crowdfunding industry hit a major milestone on March 25 this year as the SEC passed into law Reg A+ under Title IV of the JOBS Act after years of prolonged deliberation and advocating by stakeholders.   Industry experts, entrepreneurs and investors have eagerly anticipated for the passing into law of this regulation to facilitate the […]

Niederhoffer brings Placido Domingo to a 1200 person sold out Opera Gala in Honor of the late Maestro Julius Rudel

By David Drake [New York City, March 9th, 2015] Every one of the Rose Theater’s 1100 seats was filled for a opera concert produced by NYCO Renaissance, an effort to revive the defunct New York City Opera, for a two-hour concert and later a gala dinner celebrating the life of the opera’s late Maestro Julius Rudel. My entrepreneurial endeavors to build […]

Money Laundering Proof Your Company: AML Check

“The World Bank and the International Monetary Fund (IMF) estimate that global money laundering constitutes about to 3 to 5 percent of the world’s gross domestic product. In nominal terms that’s a staggering $2.17 and $3.61 trillion dollars in a year.” By David Drake Money laundering is the act of attempting to conceal proceeds from illegal activity thereby making them […]

Leviathan of Nano Metal Powders and 3D & 4D Printing

By David Drake     He looked at me with his penetrating gaze, through his gold rimmed glasses, as he removed his cigar from his mouth, puffed the smoke into the air, and said with a hybrid, English accent,  ‘One of the rare privileges we have in Canada is the ability to smoke a good Havana, legally.’   Kamran M. Khozan […]