A team of legislators and citizens are pushing for what they say are easier crowdfunding regulations in North Carolina. It’s an effort that starts and ends with social media.
“The more posts we have from people, the more valuable,” says citizen organizer and Morrisville-based investor Mark Easley, and he’s talking about Twitter and Facebook.
Some have said that crowdfunding will somehow replace angel investors or venture capitalists. Ryan Feit doesn't see it that way, and it's not how SeedInvest, the New York City crowdfunding site he co-founded, is operating in its first few weeks.
Instead, he told me, SeedInvest is partnering with angel groups on choosing which companies get to raise money in return for equity on the site.
"CrowdFund Association Open Letter to House Committee Point of Law The CrowdFund Intermediary Regulatory Association has published an open letter to the House Committee on Financial Services, Subcommittee on Oversight and Investigations, in..."