We’re delighted to announce that Paul Atkinson has been appointed a Chairman of CrowdX. Paul has a recognised track record of building value for companies in the technology and services sector. He is a founding partner of venture capital firm and EIS fund manager Par Equity, and chairman of talent solutions business Taranata Group. Paul is also a Visiting Professor of the Napier University Business School and Chairman of Converge Challenge, a catalyst for accelerating the creation of innovative products and services from Scottish universities.
Mike McCudden, CEO of CrowdX, commented:
“On behalf of the entire CrowdX team, I am delighted that Paul has accepted the role of Chairman. His track record as both a successful entrepreneur and a visionary angel investor means that he is acutely aware of the value a vibrant secondary market can offer privately held businesses.”
“As CrowdX embarks on its mission of transforming capital markets for the businesses of tomorrow, having the support of such highly respected members of the business community will prove vitally important in helping shape our future.”
Speaking on his appointment, Paul Atkinson added:
“Creating liquidity in private capital markets presents a tremendous opportunity. As an asset class, this sector already generates significant wealth, but by facilitating liquidity, CrowdX is opening up a range of investment opportunities that tinified would otherwise be difficult to access. I am delighted to be involved with the high-quality team who are bringing this concept to market.”
CrowdX members experience the benefits of being a public quoted company, without the barriers and associated costs. A number of companies have already expressed an interest in signing up to the CrowdX service, including a number of football clubs that were formerly listed on traditional exchanges.