This article focuses on the steps which can be taken by startups and crowdfunding portals to maximize the likelihood that the crowdfunding exemption passed as part of the JOBS Act works effectively for some subset of companies. The suggestions in this article relate to the use of lawyers in the crowdfunding process (don't), standardization (as much as possible) and selection of directors and officers (minimize).
- Summary by FizzLaw Team
Read the Article at:
Three Tips for Making the Best of the Equity Crowdfunding Exemption