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Avoid the Crowd
Even before equity crowdfunding was signed into law earlier this month, an article in The Wall Street Journal voiced a critical opinion of equity crowdfunding. The idea behind equity crowdfunding is to ease the process of capitalizing small and start-up businesses; in turn, it is hoped this will create new jobs (hence the creation of equity crowdfunding in the JOBS Act).
Angel investors and at least one of their national trade groups have criticized the concept of equity crowdfunding, saying that it will make later stage financing more expensive and that unsophisticated investors are not likely to get the
My advice, therefore, is to avoid equity crowdfunding if your plans include reaching out to the established equity financing channels of angel and venture investors, but do not allow those who would not invest in you to dissuade you from reaching out to those who are willing to invest in you.