#18: Update from Angel Capital Association Meeting - Austin, TX, Crowdfunding
Published by
Scott Jordan
on
A poll was taken during the Angel Capital Association meeting in Austin, TX, during "The New Reality - Impact of Washington DC Policymakers on Angels and Startups" break-out led by Joe Bartlett - Sullivan & Worchester and Bill Carleton - McNaul, Ebel, Nawrot, & Helgren. The poll inquired which strategy would be most effective in attracting Angel Capital including: Capital Gains Exemption (SB 2050, Small Businesss Tax Extenders Act of 2012), Angel Tax Credit (SB 256, American Opportunities Act), and Crowdunding.
50% of the attendees selected Tax Credit; 30% Capital Gains Exemption and 7% Crowdfunding. The Poll highlights Angels' lack of awareness or understanding of regarding Crowdfunding.