How to Go Public in 2026 Using an Initial Crowd Offering

by David Duccini | at Minnebar 20

Wall Street doesn't want you to know this exists.

There's a legal, fully-regulated path for founders to become publicly traded —without venture capitalists, and without surrendering control of your company. It's called an Initial Crowd Offering (ICO), and in 2026, it's more powerful than ever.

In this session, David "The Little Duke" Duccini breaks down the securities "jujitsu" that lets founders combine existing exemptions — MNvest, Reg CF, Reg D, and Reg A+ — to raise capital directly from the public. Stack them right, and you can unlock unlimited capital while keeping VCs completely out of the equation. (Yes, the ones who fund less than 1% of what crosses their desk. The vampire clan, not just the vultures.)

But raising money is only half the story.

By linking your offering to an Alternative Trading System (ATS) like SPPX, you don't just raise — you go public. Early investors get liquidity. Your cap table gets cleaned up through smart lot-size mechanics. And you build a private secondary market that works for you — one that doesn't allow short-selling.

You'll also learn the single most important insight repeat founders already know: sell the exit first. It's why they keep getting funded on worse ideas. Because investors don't care about your vision — they care about cashing out. Master that, and you raise 150–300% more, right out of the gate.

"An investment without an exit is just a donation."

And stick around for the closer: a clever successive-offering hack — borrowed from the Reg A+ "30% selling-shareholder rule" — that lets you create a stabilizing bid in your own private market. Founders getting paid. Early investors getting liquid. The crowd winning alongside you.

This is the blueprint.

Listen to the episode that breaks it all down on The Big Idea Deep Dive Podcast

All levels

David Duccini

Founder and CEO of Silicon Prairie, a collection of regulated financial technology companies centered around the formation of capital publicly or privately. The group includes Silicon Prairie Capital Partners (SPCP) an SEC registered / FINRA reporting Broker-Dealer with an Alternative Trading System (ATS) license, Silicon Prairie Registrar & Transfer, an SEC regsitered Transfer Agent, and Silicon Prairie Portal & Exchange (SPPX) a technology holding company that builds and manages platforms, marketing, and smart documentation automation technology.

If you're curious about our master plan for Global Domination, check out the 2017 TECHdotMN 'Minnesota Moonshot' article to see where we've been and where we're going!

Connect with David:


Are you interested in this session?

This will add your name to the list of interested participants. It will help us gauge interest for scheduling purposes.

Interested Participants