Michael D. London assumes CEO role at PeoplesVC
Founder of HQ becomes CEO of equity-based Crowdfunding Portal PeoplesVC
PETERBOROUGH, N.H., Aug. 2, 2012 /PRNewswire/ -- PeoplesVC, an equity-based Crowdfunding portal looking to set the "Gold Standard" of securities-based Crowdfunding, strengthened its management today with the addition of Michael D. London , who joined as the company's Chief Executive Officer, Board Member, and a principal shareholder.
Mr. London, a seasoned serial entrepreneur, most well known as a co-founder and CEO of HQ-Headquarters Companies, the pioneer in Executive Office Suites and now a billion dollar business as part of the Regus Group™, has raised over $300 Million in debt and equity for companies he has founded.
"I believe crowdfunding as it is imagined in the JOBS Act has the potential to change the direction of the US economy - I don't believe that is an overstatement," commented Mr. London, "I have very high expectations of our team and that we ensure investors are well educated and really understand what they are investing in, and whether what we call 'crowd funded venture capital' is right for them. I'm excited to help entrepreneurs and existing companies seeking capital become knowledgeable about how to tell their stories in a transparent and honest manner so they can unlock the capital they need. I believe crowdfunding will drive company and job creation unlike anything that has ever happened before," Mr. London added.
For over 40 years, Mr. London has built companies from startup, to maturity, to exit. Mr. London's varied businesses represent different industries and business models, but every one reflected London's life-long commitment to delivering true value to his customers. Another key to London's philosophy is his view of the importance of and commitment to attracting the very best investors, senior management/employees, and strategic partners.
With a management cornerstone in place, PeoplesVC expects to rapidly build out its management team, Board of Directors, and Board of Advisors with seasoned, blue-chip, industry veterans.
The news of London's appointment was initially announced by VentureBeat.
PeoplesVC, Inc. was founded to enable individual investors to participate in Venture Capital investments and the growth and success of small companies, while helping entrepreneurs succeed through grassroots funding. Harnessing the power of the Internet, Social Networking, and recently passed U.S. laws, PeoplesVC.com's "Crowdfunding Portal" is a catalyst for rapid change and jobs growth: http://www.PeoplesVC.com/
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