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Before you crowdfund, read this | VentureBeathttp://venturebeat.com/2012/05/03/before-you-crowdfund-read-this/ 1 of 65/5/2012 8:02 PM
More fundamentally, if your company needs money to fund operations greater than the $1,000,000 per year permitted under the JOBS Act We will likely see many early-stage companies using the crowdfunding option in the future. For some companies (in particular, those unable to get venture captial whether due to size, business sector, or geography), crowdfunding will make a great deal of sense. But it is less likely thatcrowdfunding will change the game plan for companies that would otherwise be able to secure venture capital financing.
Mark J. Mihanovic is a partner in the law firm of McDermott Will & Emery. He heads the firm’s California corporate practiceand serves as corporate liaison partner in the firm’s strategic alliance with MWE China Law Offices based in Shanghai. His practice is primarily focused in the areas of corporate finance and mergers and acquisitions, with a particular emphasis ontechnology, life science, and health care companies.
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Before you crowdfund, read this
Before you crowdfund, read this | VentureBeathttp://venturebeat.com/2012/05/03/before-you-crowdfund-read-this/ 3 of 65/5/2012 8:02 PM
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