A big part of Zachary Robins’ work as a corporate and transactions associate at Winthrop & Weinstine is focused on assisting clients in raising capital. Together with Winthrop shareholder Ryan Schildkraut, Robins drafted what is now known as the MNvest legislation. Robins explains that MNvest is a “more sophisticated” version of crowdfunding which, once fully in force, will allow companies to promote investment opportunities online and raise up to $2 million per offering. In addition, MNvest will allow non-accredited investors to invest up to $10,000.00 at a time. Unlike the typical private placement, an offering under MNvest requires transparency, mandating that offering documents be posted online. MNvest received bipartisan support and became effective earlier this summer, but is now on hold pending the drafting of corresponding regulations.
Plainly committed to MNvest’s success, Robins serves on the board of Mnvest.org, a 501(c)(4) organization charged with promoting the use of investment crowdfunding throughout the state.
Marshall Saunders, the managing partner at SaundersDailey.com, a real estate crowdfunding website, acknowledged that MNvest will be positive for his operation. Saunders raved about Robins during a recent interview, describing him as a “good businessperson, and a better lawyer.”
Robins’s pro bono activities include general corporate work for Swim Possible, work with LegalCORPS, membership on the PACER Center’s Young Professional Advisory Board, where he was co-chair for more than four years and helped to raise more than $100,000, and service on Winthrop’s pro bono committee.
This impressive combination of legislative foresight, innovative work for clients, and contributions to the community has made Zachary Robins an Up & Coming Attorney for 2015.