Tuesday, May 6, 2014


Crowdfunding works this way: An entrepreneur with an idea for a company, project or product posts the details of the idea or product on a Web site such as Kickstarter. The posting includes information on the amount of money needed, benefits to those who contribute to the project and information on the developers. People donate or invest to help the campaign succeed.

The crowdfunding provisions of the JOBS Act allow start-up and other companies to sell up to $1 million in equity, or ownership shares, in their business.


1 comment:

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