Crowdfunding offers great opportunities for financing — but poses pitfalls

October 9, 2012 Posted in Firm News

Oct. 9, 2012 - Daily Business Review - For the past 80 years, companies seeking to raise capital from investors have been forced to go through the expensive and arduous process of registering and selling securities, or using a private offering that could only reach limited investors. Now the Jumpstart Our Business Start-Ups (JOBS) Act is changing that by opening an entirely new option — crowdfunding.

Harnessing the social power of the Internet and the financial demands of small businesses, crowdfunding soon may be a major avenue for small business to obtain much-needed financing.

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