Scott McIntyre

President

Crowdfunding Professional Association (CfPA)

A lifetime Entrepreneur, current President @ CfPA.org & Weeshing.com, M.D. @ Phabriq Development

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catalyst entrepreneur strategy development marketing finance crowdfunding entertainment photography sustainability impact investing policy education education technology edtech Equity Crowdfunding Rewards & Donation Crowdfunding Pre-Sales Crowdfunding Crowdfinance Education & Training Funding Portals Small Business Finance Community Development Economic Sustainability venture development

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Biography

Scott McIntyre is a lifetime entrepreneur and Founder/Chairman of strategy & capital services firm Phabriq Development a catalyst for over 20 years in diverse fields from Internet and education technology, to alternative finance, entertainment, automotive, and sports. Scott currently serves as President/CEO of Weeshing, a Crowdfinance platform that funds live events. Scott is a pioneer in Education Technology since his role as a founding executive of REAL Education in 1994, the startup that built the world’s first online education platform (distance learning, MOOC), later renamed eCollege preceding its IPO. eCollege is now a cornerstone product of Education market leader Pearson, having acquired eCollege for $477 million in 2007. Scott previously managed the State of Ohio technology incubation program from his offices at The University of Toledo where he recently concluded his appointment as Director, having successfully implemented his designs for a school-wide Office of Student Entrepreneurship & Engagement.

Intimately involved in community development and economic sustainability, Scott is a founding member and currently sits on the Board of Directors as President of the Crowdfunding Professional Association, the leading 501(c)6 trade group formed by the change agents responsible for Crowdfunding’s inclusion in the JOBS Act of 2012. He is a frequent speaker, moderator and panelist at leading global conferences including the first series of “Internet Finance” symposiums sponsored by the Chinese government, with four appearances across Asia in 2016 to crowds of over 30,000. Scott maintains an active network of leading foreign alternative finance bodies, with associates in over 20 countries. 

Details of Scott’s work history, achievements and recommendations can be viewed at http://linkedin.com/in/scottmcintyre

Education

University of Colorado at Boulder

Bachelor's Degree
1984 - 1988

Broadcast Production Management - School of Journalism
Technical Director - Live News
Major emphasis Film Studies
Minor emphasis Physics

Other

Languages

spanish

Volunteer

President

Crowdfunding Professional Association (CfPA) (Economic Empowerment)
June 2012 - present

Scott McIntyre is a founding member of the CfPA and currently serves as President and Chairman on the Board of Directors. Since the CfPA’s formation in 2012, Scott has served as Vice President, and Secretary on the board, and has co-chaired the Education & Training committee.

Scott is a lifelong entrepreneur and was fortunate to have called California his home for 20 years during an era of disruptive innovation and exponential growth. His non-volunteer work includes being a Director at The University of Toledo, responsible for building out the school’s Entrepreneurial ecosystem. Scott also mentors the College of Engineering student entrepreneurs, and previously managed the State of Ohio’s Edison Technology Business Incubator.

Scott is founder and chairman of strategy/capital services firm Phabriq Development, known for integrating innovative business development and marketing strategies into new business models across diverse industries including Finance, Education and Entertainment. He is active in venture communities both local and international, and a frequent speaker, moderator and panelist at leading global conferences helping, along with the CfPA, to broaden recognition of the power of the Crowd.

Details of Mr. McIntyre’s work history, achievements and recommendations can be viewed on his LinkedIn profile.

9/5/2017 2:13:03 PM,
Scott McIntyre replied:

#Crowdfunding has already proven to be a preferred venue for amassing relief in emergency situations. Several reasons: 1) Donors of all kinds prefer to see tangible evidence of their sacrifice, and thus prefer transparent, ground-based, real time aid. 2) Donors are growing less confident that large organizations (from Govt itself right down to Red Cross) are equipped for immediate action or longterm fiscal management of resources. 3) CF channels provide recipients of relief a far more viral opportunity to gather publicity and funds. These all provide not only potentially life-saving relief, but also (and an unfortunate reality) an outwardly visible badge of honor for the donors who support the cause. I hope this helps answer your question.

10/22/2017 10:15:45 PM,
Scott McIntyre replied:

Further to the answer above, KCBS Radio in San Francisco called me to ask the same question. So, here is the transcrip from our discussion, a bit better organized for reading. Enjoy:


Q: Some crowdfunding sites are for-profit organizations, which may cause discomfort for people looking to give and give off the uncomfortable image that these organizations are profiting off of disasters. Is there a potential conflict there? How do you resolve that discomfort?


CHARLATAN v SAMARITAN:

Sure, let’s start with the good part because there will always be profiteers. But one of the key attributes of Crowdfunding is TRANSPARENCY. And the frenzy of a major crisis may cloud our ability to detect CHARLATAN from SAMARITAN. That is precisely where reputation of the agency needs to be visible front and center, and where ties to real people can only help
much like how people often look to Linkedin to see who they know that knows you, or look to Yelp to see what their customers say, reviews from real people.

The very nature of a CF platform only allows so much room for detail, and most people make their mind up by whatever is on the first screen of info. But with legit charities, if they’re smart they’ll have legions of followers, repeat givers, success stories with real testimonials, or a recognizably trustworthy spokesperson.

If I’m a reasonable sample, after 20 years living on the internet, I have a pretty good "BS sniff test”. Without those categories being satisfied, I’m highly unlikely to trust


Q: By giving to a relief organization like the Red Cross, the money gets pooled together and then dispensed by experts in order of need. 
 
The very nature of that question to me implies bureaucracy, and often inefficiency. Larger charities with massive national headquarters are by nature less on-the-ground in real-time, making them perhaps better, in my opinion, at addressing systemic, persistent humanitarian issues such as with food, housing, education and training—things that help strengthen communities so disaster relief is less critical an issue when it inevitably arrives.
 
BUSINESS:

Like many charities, the CROWDFUNDING PROFESSIONAL ASSOCIATION (CfPA.org) is also a non-profit business, but I like to remind people that it’s still a business and has to run efficiently, or waste will eat away at the impact it was designed for. 
 
So, ultimately it’s the test of time that will reveal if newer charities (unproven businesses) can actually deliver the impact they promised. And like all things Internet, everything is permanent—so I like to say that one fraudster will have a very difficult time swindling people twice. Your reputation follows you (and even precedes you now) in this new world.

CHARITY+IMPACT CF:   ESTABLISHMENT:

I suspect that much of why charitable giving and impact investing are such growing categories within the Crowdfunding universe can be attributed to many Americans losing faith in establishment anything. I mean, in just the last 20 years we’ve seen wholesale collapses in Insurance, Banking, Utilities, Automotive…And GOVERNMENT ITSELF which we saw reaction to in the last election. And I’m fairly confident we’ll see it even moreso in the next.
 
Q: Is there a concern that some people might be at a disadvantage if people start shifting to crowdfunding sites and away from traditional non-profits? 
 
I was not sure about the breakdown of gifts that large orgs collect, but suspected much came from corporate donations and wealthy families. I think most of the CF-based charities, like any CF campaign, rely on personal connections (last I checked only 7% of funds pledged on CF campaigns were from people just “browsing” for something to support). So, it is my assumption that more of the money in national charities is national, and more of the local charity money is from neighbors and friends, locally.
 
Q: ARE people giving to crowdfunding sites instead of traditional non-profits or is this shaking more money from the tree so to speak.
 
I’m not sure if those stats are available yet on the meta, but when you add in the fact that “community” is no longer a geographic term, raising funds for a particular cause relevant to individual affinities I believe should add more donations, not less. And I would cite my own preference affirms this assertion.

LOCAL + TRUST = ACCOUNTABILITY

And much like how many cite that real politics happens at the LOCAL, disasters happen locally too. So, I suspect that as many of what we had previously considered fundamental anchors of society were exposed as vulnerable and required bailouts, emergency crises enjoy no such relief—when it comes to actual survival—life and death—there may be a strong resistance to putting that level of faith in any bureaucracy not truly tangible, down the street, with a door they can knock on, a person accountable.
 
And when it comes down to needing immediate help from real people to save homes or lives, the value of contributing as a matter of self-satisfaction is far more rewarding when a neighbor says thank you than the value of a standard thank you letter in the mail once a year.

SELF IDENTIFICATION + NARROWING DEMOGRAPHICS:

So luckily, as we face this lack of faith in many legacy institutions, many of the functions that used to require a national entity, and national media, are now in the hands of potentially billions of stakeholders now dispersed in less geographic ways across the internet, forming interest groups on the fly, banding together by narrower affinities than ever, and exercising their buying power in ways that have conventional industries scrambling to accommodate them—from identifying with new affinities that consumers demand connection to, to the actual logistics to deliver on their promises. Time will tell with many, and all those efforts will be recorded in perpetuity...and hopefully shared with those of us generous enough to give.


Scott E. McIntyre: President, Board of Directors
president@CfPA.org 

Crowdfunding Professional Association
7 Times Square, 23rd Floor; ℅ Brian Korn 
New York, NY 10036
http://CfPA.org 
       
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5/19/2017 12:21:02 AM,
Scott McIntyre replied:
I don't believe that any major regs are required for CF to move forward--it's already changing the face of early stage venture creation and liberating fallow capital from investors of all ranks. Based on proposals now in Congress, I do believe that furhter modification will happen to current regs, such as definition of accredited investor itself; raising limits on Reg CF campaigns from $1M to $5M; adoption of Special Purpose Vehicles that don't muddy follow-on investment, etc. Hope that helps. Let me know if I can be of further assistance or connect you with some of my colleagues with a bit more insight into legislative/regulatory affairs.
4/8/2017 2:10:51 PM,
Scott McIntyre replied:
That's an excellent question and one that will be covered in depth at our 4th Annual Crowdfinance Summit in DC on April 20th. Visit CfPA.org/events-2 to lern more! Hope to see you there