Equity Crowd Funding With Heterogeneous Investors

• US 20140143124A1
• Filed: 01/28/2014
• Published: 05/22/2014
• Est. Priority Date: 06/29/2012
• Status: Abandoned Application

• Current Assignee: BlazeFund, Inc.
• Original Assignee: BlazeFund, Inc.
• Inventors: Sanders, Aaron M.
• Application Number:
  US14/165,660
• Publication Number:
  US 20140143124A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/0213 Consumer transaction fees
• CPC Class Codes: G06Q 30/0215 Including financial accounts
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 50/01 Social networking

Abstract

In some embodiments of the invention, a method operates an equity crowd funding system with different types of investors. The method includes registering a company with an equity crowd funding system. The method may also include registering a first investor with the equity crowd funding system. The method may also include registering a second investor with the equity crowd funding system. Each of the first and second investors is an unaccredited investor, an accredited investor, an institutional investor, a non-profit investor, or an entrepreneur. Further, the first and second investors are different types of investors. The method may also include sending offers for equity holdings in the company in exchange for funds to the first and second investors.

Claims

1. A method of operating an equity crowd funding system with different types of investors, the method comprising:

registering a company with an equity crowd funding system;

registering a first investor with the equity crowd funding system;

registering a second investor with the equity crowd funding system, wherein each of the first and second investors is an unaccredited investor, an accredited investor, an institutional investor, a non-profit investor, or an entrepreneur, and the first and second investors are different types of investors; and

sending to the first and second investors offers for equity holdings in the company in exchange for funds.

2. The method of claim 1, wherein sending the offers for equity holdings comprises:

sending offers for equity shares, options, convertible debentures, or other financial derivatives in the company.

3. The method of claim 1, further comprising:

receiving a first payment from the first investor, wherein the first payment constitutes acceptance of the offer and the first investor is an institutional investor; and

receiving a second payment from the second investor, wherein the second payment constitutes acceptance of the offer and the second investor is an unaccredited investor or an accredited investor.

4. The method of claim 3, further comprising:

sending to the second investor an offer from the first investor to purchase equity holdings in the company owned by the second investor.

5. The method of claim 4, further comprising:

receiving, from the second investor, an automatic acceptance of the offer for the equity holdings in the company owned by the second investor.

6. A computer program product including a non-transitory computer-readable medium having computer code thereon for operating an equity crowd funding system with different types of investors, the computer code comprising:

program code for registering a company with an equity crowd funding system;

program code for registering a first investor with the equity crowd funding system;

program code for registering a second investor with the equity crowd funding system, wherein each of the first and second investors is an unaccredited investor, an accredited investor, an institutional investor, a non-profit investor, or an entrepreneur, and the first and second investors are different types of investors; and

program code for sending to the first and second investors offers for equity holdings in the company in exchange for funds.

7. The computer program product of claim 6, wherein the program code for sending the offers for equity holdings comprises:

program code for sending offers for equity shares, options, convertible debentures, or other financial derivatives in the company.

8. The computer program product of claim 6, further comprising:

program code for receiving a first payment from the first investor, wherein the first payment constitutes acceptance of the offer and the first investor is an institutional investor; and

program code for receiving a second payment from the second investor, wherein the second payment constitutes acceptance of the offer and the second investor is an unaccredited investor or an accredited investor.

9. The computer program product of claim 8, further comprising:

program code for sending to the second investor an offer from the first investor to purchase equity holdings in the company owned by the second investor.

10. The computer program product of claim 9, further comprising:

program code for receiving, from the second investor, an automatic acceptance of the offer for the equity holdings in the company owned by the second investor.

11. An apparatus comprising:

at least one processor and at least one memory encoded with instructions, wherein execution of the instructions by the at least one processor causes the at least one processor to;

register a company with an equity crowd funding system;

register a first investor with the equity crowd funding system;

register a second investor with the equity crowd funding system, wherein each of the first and second investors is an unaccredited investor, an accredited investor, an institutional investor, a non-profit investor, or an entrepreneur, and the first and second investors are different types of investors; and

send to the first and second investors offers for equity holdings in the company in exchange for funds.

12. The apparatus of claim 11, wherein the at least one memory further includes instructions whose execution by the at least one processor causes the at least one processor to:

send offers for equity shares, options, convertible debentures, or other financial derivatives in the company.

13. The apparatus of claim 11, wherein the at least one memory further includes instructions whose execution by the at least one processor causes the at least one processor to:

receive a first payment from the first investor, wherein the first payment constitutes acceptance of the offer and the first investor is an institutional investor; and

receive a second payment from the second investor, wherein the second payment constitutes acceptance of the offer and the second investor is an unaccredited investor or an accredited investor.

14. The apparatus of claim 13, wherein the at least one memory further includes instructions whose execution by the at least one processor causes the at least one processor to:

send to the second investor an offer from the first investor to purchase equity holdings in the company owned by the second investor.

15. The apparatus of claim 14, wherein the at least one memory further includes instructions whose execution by the at least one processor causes the at least one processor to:

receive, from the second investor, an automatic acceptance of the offer for the equity holdings in the company owned by the second investor.