In my last post, I reviewed the “crowdfunding” legislation that’s before Congress. Since that legislation may be stalled, I’d outline how a company might orchestrate a crowdfunding round in the absence of legislation. For this discussion, a general familiarity with the laws and regulations governing private offerings is helpful. (You can read goodcounsel’s GoodGuide here.) […]
Crowdfunding – the aggregation of small payments from a broad base of funders – has been enabled by the technologies of the Internet, particularly social media and easy electronic payments. Filmmakers have been bootstrapping movies with crowdfunding for some time. It has been widely used in the non-profit arena. Kickstarter operates a popular crowdfunding platform […]
In order to take their companies to the next level, many company founders will seek money from individual investors. Before doing this, it’s important to know the basics of the regulatory framework enforced by the Securities and Exchange Commission. Running afoul of the law here can have serious negative consequences. Conversely, knowing what you are […]