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Equitylancer™ Launches Global Entrepreneurial Marketplace Focused on Equity as a Currency - Equitylancer™ facilitates employment by startups or founders offering an equity component in their compensation packages, but soon will expand its mission to offer a unique, one-stop resource for equity-based human and financial capital solutions
Equitylancer™ Launches Global Entrepreneurial Marketplace Focused on Equity as a Currency

 

NewswireToday - /newswire/ - West Palm Beach, FL, United States, 2012/09/12 - Equitylancer™ facilitates employment by startups or founders offering an equity component in their compensation packages, but soon will expand its mission to offer a unique, one-stop resource for equity-based human and financial capital solutions.

   
 
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Equitylancer™ today announced its beta launch of equitylancer.com, the world’s first and only global entrepreneurial community and marketplace focused on the use of equity as a currency. Initially, Equitylancer™ facilitates employment by startups or founders offering an equity component in their compensation packages, but soon will expand its mission to offer a unique, one-stop resource for equity-based human and financial capital solutions, products and services. The site caters to those willing to trade in equity to grow a business or career, such as investors, innovators, employees, and advisors.

The beta version of Equitylancer.com currently presents a platform for the exchange of employment opportunities between startups, their founders and recruiters, and equitylancers. Soon the site will be expanded to include investors, innovators and others willing to exchange products and services for equity. Utilizing robust business networking features, Equitylancer.com will also unite diverse entrepreneurial audiences, and with powerful data mining tools at their fingertips, users will be able to connect with individuals and companies across the globe seeking to trade in some form of equity.

Equitylancer.com directly addresses two national challenges: the current shortage of financial capital to hire talent and spur new business growth, and the high rate of unemployment keeping many of America’s accomplished executives sidelined or underemployed. It launches at a time when the U.S. Small Business Administration credits small business, including start-ups and other new ventures, with 65% of the country’s net new job growth over the past 17 years.

“Equitylancer™ will help American businesses grow and put people back to work,” said Founder and Chief Executive Kenneth J. Kwit. “With the beta launch of our site, we’ve opened a new, distinct, easy-to-use and neutral online marketplace focusing on non-traditional employment arrangements, such as sweat equity compensation. As Americans maintain their focus on business and work, and government officials highlight job creation, we encourage early-stage businesses, as well as executives and service providers, to register at the site, post their information and begin the unique matching process that can lead to vast and exciting new opportunities for both groups.”

As the company continues to build out the site, its “Equicenter” will enable community members to contribute and offer shared intelligence and experiences regarding equity compensation and real world entrepreneurial and startup issues. Users will be empowered to build credibility and establish expertise amongst their peers, which will keep the user-base engaged and entertained.

Mr. Kwit has proven the sweat equity compensation model in numerous other ventures, and now has utilized equity compensation in the Company to hire a talented management team with more than 80 years of combined business experience. Kwit is a seasoned and accomplished entrepreneur with over 40 years of management experience in leading start-up, high-growth and turnaround companies, including Sonoma Vineyards (creating the Rodney Strong, Piper-Sonoma and Windsor Vineyards brands), Expressions Home Furnishings and two e-commerce businesses, FurnitureFind.com and Winesource.com. Earlier, after graduating from Columbia Law School and an association with Simpson Thatcher and Bartlett, Mr. Kwit founded a large corporate law firm in NYC and served as VP and General Counsel of a Fortune 50 Company.

About Equitylancer™
Equitylancer™ owns and operates equitylancer.com, the world’s first and only global entrepreneurial community and marketplace focused on the use of equity as a currency. Initially, Equitylancer™ facilitates employment by startups or founders offering an equity component in their compensation packages, but soon will expand its mission to create the world’s first equity marketplace and exchange. The site will cater to those willing to trade in equity to grow a business or career, such as investors, innovators, employees, advisors and companies willing to exchange products and services for equity. With powerful data mining tools at their fingertips, users will be able to connect with individuals and companies across the globe seeking to trade in some form of equity.

 
 
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Equitylancer™ Launches Global Entrepreneurial Marketplace Focused on Equity as a Currency

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Publisher Contact: Christopher Madeira - Equitylancer.com 
772-249-5536 chris[.]equitylancer.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Equitylancer securities in any jurisdiction including any other companies listed or named in this release.

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