Moderated by Elizabeth L. Carter, Esq., of Elizabeth L. Carter, Esq., LLC, crowdfunding securities law firm, The Next Egg is hosting a panel about the past, present, and future of the JOBS Act with Ojan Mobedshahi of the East Bay Permanent Real Estate Cooperative, Jenny Kassan of Jenny Kassan Consulting, and Jonny Price of WeFunder.
We'll explore topics like the JOBS Act's relevancy to the mass egg-sodus of $32 trillion of retirement dollars out of Wall Street, if and how the JOBS Act supports intergenerational wealth-building, its impact on racial, gender, and class equity, and more. We'll begin with Elizabeth Carter explaining some basics about the JOBS Act of 2012 and 2017, the recent 2021 crowdfunding changes by the SEC, as well as racial, gender and economic justice outcomes and limitations. Then we'll have a moderated Q&A with the panelists wherein attendees can pose questions.
For a primer on the JOBS Act, please refer to Elizabeth's Law Clerk Chynnique Ross' 4-minute read, "Benefits and Limitations of Investment Crowdfunding."
Elizabeth Carter, Esq is a crowdfunding securities attorney who represents startups, small businesses, nonprofits, cooperatives, and other social enterprises with the legal strategy and compliance of raising capital from both accredited and non-accredited investors. She currently serves on a number of Advisory Boards including the Advisory Boards of Seaway, A Division of Self-Help Federal Credit Union; National Public Housing Museum; and the Lawndale Christian Community Development Corporation of Chicago.
Prior, Elizabeth has provided legal representation to individuals, nonprofits, small businesses, and government agencies in various community economic development initiatives, including serving as General Counsel to a Black-owned limited-equity housing cooperative with over two hundred affordable housing units for seniors, and persons of low income; and as Special Counsel within the Department of Economic and Housing Development of the City of Newark where she provided lead counsel to an $8.1 million affordable housing cooperative project and authored the City's amended tax abatement ordinance which provides tax incentives for inclusionary development by women, racial minorities, and cooperatives.
Elizabeth also founded and served as Lead Counsel & Executive Director of the Urban Cooperative Enterprise Legal Center, Inc. (@ucelc), a 501c3 nonprofit organization with a mission to create and support cooperative enterprises within marginalized communities in order to promote local sustainability.
Ojan Mobedshahi is the Finance Director and a Staff Owner at the East Bay Permanent Real Estate Cooperative (EB PREC), a democratic, People of Color led cooperative that takes land and housing off the speculative market to create permanently affordable, community controlled land and housing. Before working at EB PREC Ojan worked in sustainable land use, real estate brokerage, and property development. Outside of EB PREC Ojan is a permaculture designer and certified landscape contractor, and runs his own landscape design/build company, Happy Planet Landscaping. With a background in economics, Ojan strives to bring the financial and strategic know-how to help visionary organizations build their capacity and long term sustainability, to create just transition to a regenerative and just economy for all.
Jenny Kassan has 25 years of experience as an attorney and advisor for mission-driven enterprises. She has helped her clients raise millions of dollars from values-aligned investors and raised over $1.5 million for her own businesses. She is the author of Raise Capital on Your Own Terms: How to Fund Your Business without Selling Your Soul (Berrett-Koehler, October 2017). Jenny earned her J.D. from Yale Law School and a masters degree in City and Regional Planning from the University of California at Berkeley. She served on the Securities and Exchange Commission Advisory Committee on Small and Emerging Companies. She submitted the petition to the SEC that led to the passage of the 2012 JOBS Act and was present at the White House signing ceremony. Jenny is also a fellow at Democracy Collaborative and the co-founder of the Force for Good Fund.
Jonny Price is the VP of Fundraising at Wefunder, where he helps entrepreneurs raise capital from their fans and community. Before Wefunder, Jonny led the Kiva U.S. team at the non-profit Kiva.org, and before that he worked as a strategy consultant for Oliver Wyman. Originally from the UK, Jonny is the proud dad of Felicity (4), Carlyle (2) and Margot (0!).
Date/time: Wed Apr 28, 11:30 AM PST / 1:30 PM CST / 2:30 PM EST
Zoom info will be shared upon registration.