In her public comment on SEC Title III
proposals (equity-based crowdfunding) Louise Luster said:
"I agree with
everything the SEC is putting forth, but I strongly disagree with the
proposition that, if your goal in the crowd funding campaign is not reached,
you receive nothing. Kickstarter operates that way and I won't use them. Other
platforms allow you to keep what you've raised. If you're trying to raise $10K
to retain an attorney for your project, and you only raise $9K, that's $9K
toward your financial goal. With Kickstarter and the SEC's proposal, you just
spent 60 or more days of your precious time working hard to run your campaign
and, by falling short, you have absolutely nothing to show for it.
I was very excited
reading what the SEC is proposing until I arrived at the very last part about
forfeiture. While the other sites that allow you to keep what you've raised
normally charge a higher fee, what remains is still more than what you had when
you started your campaign."
Flexible Crowdfunding Modus
Reward-based the Indies can campaign in a flexible modus. It's something like a GoGo-Factor! Here we GoGo with
Chris Williams, Founder and CEO of FETCH |
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