Markets
YouMail Chooses Online Platform over Venture Funding to Raise $5.5M
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YouMail, a software company that helps users manage their incoming phone calls, has raised $5.5 million with the help of an internet crowdfunding firm Digital Offering.
Growth Capitalist (https://growthcapitalist.com/category/premium-articles/markets/page/16/)
Macro-market developments affecting capital formation by pre-IPO private and public emerging growth companies
YouMail, a software company that helps users manage their incoming phone calls, has raised $5.5 million with the help of an internet crowdfunding firm Digital Offering.
Secondary markets trading private securities are experiencing rapid growth in an environment that has is rewarding companies for avoiding IPOs.
SPACs have been on a slow and steady rebound since the end of the recession, and in 2014, they enjoyed the best fundraising year since 2008. So far in 2015, two of the six SPACs that entered the year in registration have completed IPOs.
A study to be published in the forthcoming issue of the Journal of Financial Economics found that the Jumpstart Our Business Startups (JOBS) Act increased initial public offerings (IPOs) by 21 per year since it was passed in April 2012 — a 25% increase over 2001-2011 levels.