Peer-To-Peer Service MicroVentures Secures FINRA Membership
Summary
Austin, TX, November 19, 2010 --( “This allows us to start accepting investors and companies looking for funding,” said Bill Clark, MicroVentures’ chief executive officer.MicroVentures then reviews the plan, using a variety of success criteria – such as suitable risk, likelihood of profitability, and other key due diligence factors.### Austin, TX, November 19, 2010 --( PR.com )-- MicroVentures Marketplace Inc., an online peer-to-peer investment service, has obtained its Financial Industry Regulatory Authority (FINRA) independent Broker/Dealer membership, becoming the first company to utilize membership for online peer-to-peer private placement investments.“This allows us to start accepting investors and companies looking for funding,” said Bill Clark, MicroVentures’ chief executive officer.At the same time, we’re opening up a whole new avenue of funding for entrepreneurs, startups and small businesses finding it very difficult to raise money in this harsh economic climate.”“Our model allows sophisticated and accredited investors to review and participate in opportunities they might never have heard of, seen or had the means to participate in,” he added.Based in Austin, TX and founded by Clark, MicroVentures helps entrepreneurs, startups, and small businesses seeking $150,000 to $1 million find sophisticated and accredited investors, who can invest as little as $250 to $5,000 per investment, through its online service.As principal and chief executive of MicroVentures, Clark obtained Series 7 General Securities Representative, Series 24 General Securities Principal, Series 63 Uniform Securities Agent and Series 79 Limited Representative Investment Banking licenses, all of which allow the company to offer this new way of small business funding.How does MicroVentures work?MicroVentures then reviews the plan, using a variety of success criteria – such as suitable risk, likelihood of profitability, and other key due diligence factors.