Field has chosen CircleUp, a consumer
products equity crowdfunding site, as platform of choice — and plans to use social media to drum up investor interest among his fans in the next few weeks.
However, notwithstanding the formidable legal issues surrounding fundraising in accordance with SEC rules, brave entrepreneurs have stepped into the ring and
launched equity crowdfunding sites.
One day after announcing it would partner with
equity crowdfunding site Fig, Harmonix took on $ 15 million in equity investment from 14 undisclosed partners, the Boston Business Journal reports.
On our website we decided to only add an Invest in WAFU link, which links to
the equity crowdfunding sites managing our offering in the U.S. and Canada.
Two
equity crowdfunding sites, Crowdcube and Seedrs, have already been approved by the financial regulator, while lending sites will be regulated from April next year.
While most analysts have focused on hedge funds, the ruling reduces many of the limitations that
equity crowdfunding sites have been restricted by — a huge win for companies seeking alternative financing.
Additionally,
equity crowdfunding sites are able to avoid payment transaction fees for the investor by offering e-check, mailing checks, wire transfer or even bitcoin payment options (we accept all those means of payment).
Equity crowdfunding sites first got started primarily with start - up financing and real estate financing, but have quickly spread into other niche areas.
But, finally, we think that
an equity crowdfunding site that delivers true due diligence is a big win for investors.
All equity crowdfunding sites have to apply to the Securities & Exchange Commission (SEC) and FINRA, a regulatory body for brokers.