33: IPO Your Small Business with Joe Cecala

Joe Cecala is the founder and CEO of Dream Exchange, a new stock exchange that focuses on small business capital formation. He is the former CEO of Expansion Funding Partners and was part of the team that developed the first computerized trading network, ArcaEx. We discuss factors affecting small capital transactions, the Main Street Growth Act, and how Dream Exchange will impact minority-owned companies. 

 

Timestamps

[01:10] Joe's transition from law practice into the stock exchange world

[03:10] Factors affecting small capital transactions

[07:40] Determinants that influence exchange listing fees on Dream Exchange

[09:16] Demystifying the Main Street Growth Act

[13:25] Analyzing how private placements go public through venture security

[15:48] How private companies can take advantage of public markets

[18:50] Why the Dream Exchange does not threaten private equity funds 

[20:45] Ideal company sizes that will be listed on Dream Exchange

[22:16] How internal valuation affects a company's worth in public markets

[28:30] Dream Exchange's competitors and collaborators

[31:10] Limits in small capital transactions 

[33:40] Why early wins will determine Dream Exchange's success

[39:20] Privacy options available on Dream Exchange

[43:03] How Joe's platform will affect minority-owned companies

 

Links and Resources

Joe's Website

Joe's LinkedIn

DreamX Connect

Oxford University's Handbook on IPOs

Steve's soon-to-be-published book

Steve's blog

https://StevePreda.com