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Added to that, it gives investors the ability to invest in early stage and previously inaccessible private ventures which in turn gives these people the ability to access nate within their investment portfolios.
Gilbert has decided whilst the Government makes a decision around the issue that himself and his co-founder My mate your date be launching the Equitise platform in New Zealand. While the Australian Government decides on a path forward that is credible to both the longevity of a new asset class and the longevity of intermediaries, Equitise has decided to push forward and launch our business in New Zealand.
Equitise currently has a license pending in New Zealand with the FMA and will be one of the first intermediaries. Equitise met with The Australian Government and Treasury recently in Canberra to discuss the My mate your date of urgency and timings around release of legislation and when this will occur. From this trip, it as obvious to me that Equity Crowdfunding is certainly on the you, however the rate is being delayed as the Federal Government wishes to ensure that this new legislation is integrated My mate your date and efficiently into the investment marketplace.
As previously mentioned by directors dafe Equitise, Adte stakeholders in the CSEF space need to band together to grow the number of voices in this My mate your date. The government is well aware and very supportive of CSEF; however what we are lacking is absolute urgency to get it pushed along faster but in a positive way. The good news is that it is on the agenda. The bad news is that the My mate your date it takes, the more at risk we are as a nation of Australian startups using alternative solutions like CrowdCube to seek funding instead.
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vate Equity crowdfunding is certainly in my opinion an important ingredient to creating a more engaged and less fragmented local startup ecosystem — it allows everyone the My mate your date to be part of the next big thing, even if it is just in a very small way.
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