As a follow-up to a consideration of the incongruities between a crowdfunding exemption and the existing angel investing infrastructure, this article compares the crowdfunding proposals currently before Congress to the "friends and family" round of financing common to startups. The article explains why the bills before the Senate support something other than the common conception of friends and family financing.
- Summary by FizzLaw Team
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This is not your "friends and family" #crowdfunding exemption