
thank you I have a confession to make I’m a finance guy I worked in banking
I’m a finance guy I worked in banking
I’m a finance guy I worked in banking for about eight nine years including the
for about eight nine years including the
for about eight nine years including the years about two thousand seven eight in
years about two thousand seven eight in
years about two thousand seven eight in Europe but it doesn’t stop there I
Europe but it doesn’t stop there I
Europe but it doesn’t stop there I worked in the business of selling
worked in the business of selling
worked in the business of selling mortgages packaging them selling them
mortgages packaging them selling them
mortgages packaging them selling them off to investors municipalities and
off to investors municipalities and
off to investors municipalities and investors that ninis didn’t necessarily
investors that ninis didn’t necessarily
investors that ninis didn’t necessarily understand the risks of that the finance
understand the risks of that the finance
understand the risks of that the finance industry is a tricky industry there’s
industry is a tricky industry there’s
industry is a tricky industry there’s not much transparency and it is an
not much transparency and it is an
not much transparency and it is an industry where I at some point saw well
industry where I at some point saw well
industry where I at some point saw well I gotta move on I want to
I gotta move on I want to
I gotta move on I want to I like finance but I want to do
I like finance but I want to do
I like finance but I want to do something where Khan can work more in
something where Khan can work more in
something where Khan can work more in entrepreneurial capacity so in 2010 I
entrepreneurial capacity so in 2010 I
entrepreneurial capacity so in 2010 I resigned from the bank coincided with
resigned from the bank coincided with
resigned from the bank coincided with moving to Canada with me and my family
moving to Canada with me and my family
moving to Canada with me and my family and I started working with small
and I started working with small
and I started working with small companies helping them to raise capital
companies helping them to raise capital
companies helping them to raise capital and that was the time that I experienced
and that was the time that I experienced
and that was the time that I experienced how challenging it is for companies to
how challenging it is for companies to
how challenging it is for companies to raise capital the other thing is that I
raise capital the other thing is that I
raise capital the other thing is that I experienced that the public all of us
experienced that the public all of us
experienced that the public all of us here are essentially locked out from
here are essentially locked out from
here are essentially locked out from investing in these companies so I found
investing in these companies so I found
investing in these companies so I found my mission demystifying finance so
my mission demystifying finance so
my mission demystifying finance so inviting you today to join me on a
inviting you today to join me on a
inviting you today to join me on a expedition to explore whether we can
expedition to explore whether we can
expedition to explore whether we can make investing in start-up companies
make investing in start-up companies
make investing in start-up companies simple and transparent what we can
simple and transparent what we can
simple and transparent what we can change the way the companies raise
change the way the companies raise
change the way the companies raise capital and whether all of us can be
capital and whether all of us can be
capital and whether all of us can be part of that
imagine your bartender you serving your
imagine your bartender you serving your customers drinks one of yours your
customers drinks one of yours your
customers drinks one of yours your favorite craft beer you recommend it to
favorite craft beer you recommend it to
favorite craft beer you recommend it to your customer she tell them you like the
your customer she tell them you like the
your customer she tell them you like the beer and they enjoy it what if you could
beer and they enjoy it what if you could
beer and they enjoy it what if you could not only enjoy that craft beer but what
not only enjoy that craft beer but what
not only enjoy that craft beer but what if you could also invest in that craft
if you could also invest in that craft
if you could also invest in that craft brewery what if you can help that
brewery what if you can help that
brewery what if you can help that company grow by investing in it and what
company grow by investing in it and what
company grow by investing in it and what have you as a bartender could invite all
have you as a bartender could invite all
have you as a bartender could invite all your customers your friends your network
your customers your friends your network
your customers your friends your network all of us to invest in a local craft
all of us to invest in a local craft
all of us to invest in a local craft brewery so I’d like you to hold that
brewery so I’d like you to hold that
brewery so I’d like you to hold that thought so let’s do a show of hands who
thought so let’s do a show of hands who
thought so let’s do a show of hands who here watch Dragon’s Den or us Shark Tank
here watch Dragon’s Den or us Shark Tank
here watch Dragon’s Den or us Shark Tank okay so it’s quite a few Li you have
okay so it’s quite a few Li you have
okay so it’s quite a few Li you have these dragons sitting in their
these dragons sitting in their
these dragons sitting in their comfortable leather chairs they got a
comfortable leather chairs they got a
comfortable leather chairs they got a stack of money on their side tables and
stack of money on their side tables and
stack of money on their side tables and I have these entrepreneurs pitch their
I have these entrepreneurs pitch their
I have these entrepreneurs pitch their companies to them in the hope of getting
companies to them in the hope of getting
companies to them in the hope of getting an investment from these dragons in
an investment from these dragons in
an investment from these dragons in exchange for a piece of their company so
exchange for a piece of their company so
exchange for a piece of their company so they’re giving away a piece of ownership
they’re giving away a piece of ownership
they’re giving away a piece of ownership in the company now it’s certainly
in the company now it’s certainly
in the company now it’s certainly entertaining but it’s actually a
entertaining but it’s actually a
entertaining but it’s actually a reflection of reality only a small group
reflection of reality only a small group
reflection of reality only a small group those dragons have actually access to
those dragons have actually access to
those dragons have actually access to investing in small companies often they
investing in small companies often they
investing in small companies often they were referred to as angel investors
were referred to as angel investors
were referred to as angel investors investors that have come really early
investors that have come really early
investors that have come really early help companies with an additional
help companies with an additional
help companies with an additional capital that they need so how is it that
capital that they need so how is it that
capital that they need so how is it that the viewers of Dragons Den why can’t
the viewers of Dragons Den why can’t
the viewers of Dragons Den why can’t they invest in these companies why can’t
they invest in these companies why can’t
they invest in these companies why can’t all of us here why can’t we invest in
all of us here why can’t we invest in
all of us here why can’t we invest in these companies the public there’s a
these companies the public there’s a
these companies the public there’s a company in 2012 schools oculus rift and
company in 2012 schools oculus rift and
company in 2012 schools oculus rift and they developed the virtual reality
they developed the virtual reality
they developed the virtual reality headset and they went on
headset and they went on
headset and they went on a crowdfunding platform called
a crowdfunding platform called
a crowdfunding platform called Kickstarter and they raised 2.4 million
Kickstarter and they raised 2.4 million
Kickstarter and they raised 2.4 million dollars from 10,000 backers so these
dollars from 10,000 backers so these
dollars from 10,000 backers so these 10,000 backers invested around $300
10,000 backers invested around $300
10,000 backers invested around $300 dollars and they would get a prototype
dollars and they would get a prototype
dollars and they would get a prototype headset and I get a nice poster to hang
headset and I get a nice poster to hang
headset and I get a nice poster to hang up at home now what happened with oculus
up at home now what happened with oculus
up at home now what happened with oculus rift two years later is that it was sold
rift two years later is that it was sold
rift two years later is that it was sold to Facebook for two billion dollars now
to Facebook for two billion dollars now
to Facebook for two billion dollars now if you as one of the backers at that
if you as one of the backers at that
if you as one of the backers at that time would had invested in oculus rift
time would had invested in oculus rift
time would had invested in oculus rift is $300
is $300
is $300 you would have earned a return of
you would have earned a return of
you would have earned a return of [Music]
[Music]
[Music] $43,500 one hundred and forty five times
$43,500 one hundred and forty five times
$43,500 one hundred and forty five times your investment now this is of course an
your investment now this is of course an
your investment now this is of course an exceptional example because as we all
exceptional example because as we all
exceptional example because as we all know there’s a lot of startups that
know there’s a lot of startups that
know there’s a lot of startups that don’t make it they don’t succeed but
don’t make it they don’t succeed but
don’t make it they don’t succeed but what it tells us is if we all have the
what it tells us is if we all have the
what it tells us is if we all have the opportunity to support companies by
opportunity to support companies by
opportunity to support companies by actually investing in them and sharing
actually investing in them and sharing
actually investing in them and sharing in their success that’s a totally new
in their success that’s a totally new
in their success that’s a totally new ballgame
ballgame
ballgame that is what investment crowdfunding is
that is what investment crowdfunding is
that is what investment crowdfunding is about investment crowdfunding means that
about investment crowdfunding means that
about investment crowdfunding means that all of us have the opportunity to invest
all of us have the opportunity to invest
all of us have the opportunity to invest in small companies for as little as a
in small companies for as little as a
in small companies for as little as a few hundred dollars and you become a
few hundred dollars and you become a
few hundred dollars and you become a co-owner and a company so this is really
co-owner and a company so this is really
co-owner and a company so this is really taking investing in startups in an
taking investing in startups in an
taking investing in startups in an entirely new dimension so let me explain
entirely new dimension so let me explain
entirely new dimension so let me explain to you how it works you go online you
to you how it works you go online you
to you how it works you go online you look for your favorite company or you
look for your favorite company or you
look for your favorite company or you scroll or browse companies that you may
scroll or browse companies that you may
scroll or browse companies that you may be interested in investing and you
be interested in investing and you
be interested in investing and you pledge your investment amount you
pledge your investment amount you
pledge your investment amount you complete your investment documentation
complete your investment documentation
complete your investment documentation you pay
you pay
you pay everything is done online and
everything is done online and
everything is done online and congratulations you know a shareholder
congratulations you know a shareholder
congratulations you know a shareholder it’s that simple
so if vestment crowdfunding goes beyond
so if vestment crowdfunding goes beyond connecting small companies with the
connecting small companies with the
connecting small companies with the avoider investor community investment
avoider investor community investment
avoider investor community investment crowdfunding is truly a paradigm shift
crowdfunding is truly a paradigm shift
crowdfunding is truly a paradigm shift because now all of us aren’t able to
because now all of us aren’t able to
because now all of us aren’t able to invest in companies that we believe in
invest in companies that we believe in
invest in companies that we believe in that we like to see succeed think of
that we like to see succeed think of
that we like to see succeed think of investing in start-up companies as an
investing in start-up companies as an
investing in start-up companies as an expression of who you are your norms and
expression of who you are your norms and
expression of who you are your norms and values and now you can invest in the
values and now you can invest in the
values and now you can invest in the companies that you like to see succeed
companies that you like to see succeed
companies that you like to see succeed let me give you an example there was a
let me give you an example there was a
let me give you an example there was a company last year in Canada startup
company last year in Canada startup
company last year in Canada startup company and they decided I want to
company and they decided I want to
company and they decided I want to establish a new bank 100% responsible
establish a new bank 100% responsible
establish a new bank 100% responsible bank so this bank would extend loans to
bank so this bank would extend loans to
bank so this bank would extend loans to companies that have a an socially
companies that have a an socially
companies that have a an socially responsible purpose who doesn’t like
responsible purpose who doesn’t like
responsible purpose who doesn’t like that it’s a bank that takes on the
that it’s a bank that takes on the
that it’s a bank that takes on the established banks and now everyone can
established banks and now everyone can
established banks and now everyone can be part of that so they had a huge
be part of that so they had a huge
be part of that so they had a huge following about 30 40 thousand backers
following about 30 40 thousand backers
following about 30 40 thousand backers followers so what this startup company
followers so what this startup company
followers so what this startup company says well why don’t we go after all
says well why don’t we go after all
says well why don’t we go after all those followers and invite them to
those followers and invite them to
those followers and invite them to invest in our company in our new bank
invest in our company in our new bank
invest in our company in our new bank and that’s what happened they went they
and that’s what happened they went they
and that’s what happened they went they launched a campaign online opening it up
launched a campaign online opening it up
launched a campaign online opening it up for everyone to invest for as little as
for everyone to invest for as little as
for everyone to invest for as little as literally a hundred dollars and you
literally a hundred dollars and you
literally a hundred dollars and you become a co-owner in that bank so
revolution starts with citizen movement
revolution starts with citizen movement investment crowdfunding is the
investment crowdfunding is the
investment crowdfunding is the embodiment of revolutionizing investing
embodiment of revolutionizing investing
embodiment of revolutionizing investing in start-up companies that change the
in start-up companies that change the
in start-up companies that change the world now I’d like to take you one level
world now I’d like to take you one level
world now I’d like to take you one level higher in our expedition this is about
higher in our expedition this is about
higher in our expedition this is about the creation of wealth remember what I
the creation of wealth remember what I
the creation of wealth remember what I said in the beginning early stage
said in the beginning early stage
said in the beginning early stage companies it’s only a small group of
companies it’s only a small group of
companies it’s only a small group of investors that have access to investing
investors that have access to investing
investors that have access to investing in those companies angel investors
in those companies angel investors
in those companies angel investors investment firms and I know start
investment firms and I know start
investment firms and I know start companies start growing if you become
companies start growing if you become
companies start growing if you become successful then they go public and then
successful then they go public and then
successful then they go public and then finally the public can invest when
finally the public can invest when
finally the public can invest when already a lot of the money’s made
already a lot of the money’s made
already a lot of the money’s made multiple times to value increase the
multiple times to value increase the
multiple times to value increase the company think for example of Facebook
company think for example of Facebook
company think for example of Facebook and Twitter Facebook and Twitter are
and Twitter Facebook and Twitter are
and Twitter Facebook and Twitter are where they are today and became as big
where they are today and became as big
where they are today and became as big because of us
because of us
because of us because of all of us using it as
because of all of us using it as
because of all of us using it as customers so with investment
customers so with investment
customers so with investment crowdfunding you can actually invest in
crowdfunding you can actually invest in
crowdfunding you can actually invest in those companies from the very beginning
those companies from the very beginning
those companies from the very beginning and that is really revolutionizing
and that is really revolutionizing
and that is really revolutionizing investing in small companies now I’d
investing in small companies now I’d
investing in small companies now I’d like to leave you with a with a story
like to leave you with a with a story
like to leave you with a with a story it’s actually a true story this was last
it’s actually a true story this was last
it’s actually a true story this was last year February I was on my way home off
year February I was on my way home off
year February I was on my way home off alone they work I missed my connection
alone they work I missed my connection
alone they work I missed my connection so I went to the bar and I had a drink
so I went to the bar and I had a drink
so I went to the bar and I had a drink and I saw this coaster on the bar and a
and I saw this coaster on the bar and a
and I saw this coaster on the bar and a coaster had the name on it from the
coaster had the name on it from the
coaster had the name on it from the craft brewery that we launched three
craft brewery that we launched three
craft brewery that we launched three weeks before or my investment
weeks before or my investment
weeks before or my investment crowdfunding platform so I asked the
crowdfunding platform so I asked the
crowdfunding platform so I asked the bartender his name was Jimmy and I said
bartender his name was Jimmy and I said
bartender his name was Jimmy and I said what can you tell me about this craft
what can you tell me about this craft
what can you tell me about this craft beer and he said
beer and he said
beer and he said I love it I enjoy it I recommend it to
I love it I enjoy it I recommend it to
I love it I enjoy it I recommend it to my customers to try it out and then he
my customers to try it out and then he
my customers to try it out and then he continued telling me he said you know
continued telling me he said you know
continued telling me he said you know what is really cool this craft brewery
what is really cool this craft brewery
what is really cool this craft brewery is growing and they’re raising capital
is growing and they’re raising capital
is growing and they’re raising capital they’re raising money and they open it
they’re raising money and they open it
they’re raising money and they open it up for everyone he told me he said you
up for everyone he told me he said you
up for everyone he told me he said you go online on this platform and you make
go online on this platform and you make
go online on this platform and you make your investment from start to finish and
your investment from start to finish and
your investment from start to finish and it’s all happens online so I pulled out
it’s all happens online so I pulled out
it’s all happens online so I pulled out my business card I gave it to him and we
my business card I gave it to him and we
my business card I gave it to him and we had a laugh now that moment was the an
had a laugh now that moment was the an
had a laugh now that moment was the an absolute testimonial for me of what
absolute testimonial for me of what
absolute testimonial for me of what investment crowdfunding is about it’s
investment crowdfunding is about it’s
investment crowdfunding is about it’s about empowering all of us to invest in
about empowering all of us to invest in
about empowering all of us to invest in companies that we believe in all of us
companies that we believe in all of us
companies that we believe in all of us are empowered to support companies that
are empowered to support companies that
are empowered to support companies that will change the world
will change the world
will change the world all of us can through investment
all of us can through investment
all of us can through investment crowdfunding Drive entrepreneurship
crowdfunding Drive entrepreneurship
crowdfunding Drive entrepreneurship innovation job creation that is the
innovation job creation that is the
innovation job creation that is the power of investment crowdfunding and
power of investment crowdfunding and
power of investment crowdfunding and it’s available to all of us we’re on the
it’s available to all of us we’re on the
it’s available to all of us we’re on the brink of monumental change in investing
brink of monumental change in investing
brink of monumental change in investing and inviting all of you to be the change
and inviting all of you to be the change
and inviting all of you to be the change makers thank you
makers thank you
makers thank you [Applause]
[Applause]
[Applause] you
”
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