“Insight on Securities Crowdfunding” – Wadiz lawyer Jung-eun Jang
Lawyer Jung-eun Jang icebreaked the lecture by pointing out that unlike reward crowdfunding, many people are unfamiliar with securities crowdfunding. She introduced securities crowdfunding by emphasizing the difference between these two; securities crowdfunding is crowdfunding that mainly operates listed company as an axis while reward crowdfunding is targeting individuals. If securities crowdfunding ends successfully, investors will be paid with price of shares or price of the corporate bond.
She then continued by emphasizing points to pay attention when participating securities crowdfunding through Wadiz website. She explained platform like Wadiz is trying to provide environment for investors to easily access to accurate information needed when deciding investment decisions thus solving information asymmetry.
Co-CEO of ‘Enjoying Lions’ Hyun-sik Yang (Physical education 14) told press that he heard that securities crowdfunding will be the new future way to attract investment without going through VC(Venture Capital), which made him interested to listen to lecture. His company used Wadiz to do reward funding and through this experience, he got to know another option of securities funding and at the same time got to know what startups should be aware of.