Federal and state securities laws can make it prohibitively expensive and/or burdensome for a startup company to raise money from its founder's friends and family. In this blog post, Arina Shulga describes an alternative way to do this, designed to minimize the burden of securities laws compliance. Crowd funding might make very small offerings targeted to friends and family viable and legal for young businesses.
- Summary by FizzLaw Team
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Crowd Funding: Facilitating Friends and Family Financing