SME (Smart Money Entrepreneurs) Pitch Competition Winner Announced
Online PR News – 24-November-2012 – New York, NY – SmartMoney Entrepreneurs (SME), a new broker dealer, equity crowdfunding company, announced the winner for their first pitch competition, ‘Pitch To The Crowd’. WealthyLife, founded by Angel Rich and Eileen and Matthew Hanson, is a seed level startup that seeks to transform people’s understanding of personal and investment finance through a fun and interactive game-based platform. The founders of WealthyLife will deliver their pitch at the highly anticipated entrepreneurship-investor event, ”How to Get Funding From A Shark!.” ‘How To Get Funding From A Shark! will take place on Tuesday, November 27, 2012, at AlleyNYC, 500 7th Avenue, New York, NY, from 6pm – 10pm. “We wanted to make sure that the winner represented the kind of entrepreneurs who would be featured on our platform, and WealthyLife was a great choice,” said Jeremy Andrews, Founder of SME. ‘Pitch To The Crowd’ is intended to showcase what equity crowdfunding will bring to both accredited and unaccredited investors – well-vetted entrepreneurs who have captured a great opportunity and are looking to partner investors from all walks of life to get the startup off the ground and on the road to profitability.
The pitch finalist will present in front of well-known NYC investors, including Daymond John, one of the sharks from the hit TV show “Shark Tank,” as well as Brian Cohen, Chairman of the New York Angels. By current securities regulations, they can invest in startups as an ”accredited investor The pending crowdfunding legislation will lift many regulations for unaccredited investors to invest in startups. On November 27, all attendees at the event will have a chance to think like a startup investor, and ask WealthyLife a series of questions about their business model. “The term “crowd”in the title of the competition was intention to signify that the crowd is not only made up of unaccredited investors, but people who currently invest in startups, like Daymond and Brian. The angels, VCs, and institutional players can invest today, and there is no reason why they shouldn’t be part of the crowd,” said David Brown-Landron, co-founder of SmartMoney Entrepreneurs.
The selection process for the pitch applicants was strict, and intended to reflect SME’s commitment to investor protections. Amongst other things, applicants had to demonstrate their model’s potential for profitability; be innovative in its implementation; their business plan had to be comprehensive, but clear for anyone to understand, and prove they have a team that can deliver promised results. “ We would like to thank all of the teams who applied and we encourage you to expand and improve your model in time for our launch early next year,” said Chirag Sadana, head of Business Development and Strategic Planning at SME. Entrepreneurs can learn more about equity crowdfunding on SmartMoney Entrepreneurs at their website, http://www.smartmoneyentrepreneurs.com.
For Tickets to How To Get Funding From A Shark!, go to http://smeshark.eventbrite.com, or https://www.livingsocial.com/events/535218-how-to-get-money-from-a-shark-conference-ticket. The Living Social deal expires on Sunday, November 25, 2012. Tickets can be purchased at the door for $50.
About SmartMoney Entrepreneurs:
SmartMoney Entrepreneurs is a broker dealer based equity crowdfunding platform. We provide startup entrepreneurs with a revolutionary source of seed funding through our crowdfunding portal. We provide crowdfunders with unparalleled controls and protections over their equity investments through our real-time financial monitoring and partial recuperation features.