‘Regulation crowdfunding’ isn’t the mess opponents predicted
GUEST: It has been 74 days since “regulation crowdfunding” (aka Title III of the JOBS Act) kicked off, and the data is starting to pour in. Regulation crowdfunding allows any American startup or small business to raise up to $1 million from friends, family, and followers on debt and equity crowdfunding platforms that are registered with the Securities and Exchange Commission.
The initial data is revealing just what advocates of the move expected:A slow logical progression of offering
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