Crowdfunding for Grown-ups
Like the entrepreneurs on Kickstarter trying to raise
money to sell hot-chocolate cubes or cut an album, later-stage private
companies may soon be finding investors online. But will crowdfunding for
more-established companies be the bonanza it is for some start-ups?
It’s possible, given that the Title II section of the
Jumpstart Our Business Startups (JOBS) Act gives companies and their
broker-dealers the ability to market Regulation D Section 506(c) private
placements on a widespread basis. In fact, some broker-dealers are launching
online portals to do just that. Read more on CFO
