Of the seemingly hundreds of different beers I drank while in Europe, one of my favorites was Punk IPA by BrewDog, a Scottish microbrewery that some of you may recognize from their TV show. While enjoying the hoppy ale in their Edinburgh taproom, I suddenly became more intrigued with the coaster the pint rested on than the contents held within.
As you can see from the picture I took below, BrewDog is offering those who “love the beer” an opportunity to “own the brewery.” While BrewDog may be putting a lofty valuation on their business, U.K. residents who still choose to advantage of this unique investing opportunity have their country’s equity crowdfunding laws to thank.
Our lawmakers approved a similar style of federally regulated equity crowdfunding in 2012, but over three years later we still wait as the Securities and Exchange Commission has yet enact the final rules. The SEC is now saying October is the earliest they will release the rules. When (or if) they do, I’ll be sure to let you know.