Since mid-June, American investors have been allowed to buy shares in other people’s private companies through online crowdfunding portals.
Now, even if you do not meet the income or net worth criteria of an accredited investor, you can back someone else’s entrepreneurial dream, just like the guys on Sand Hill Road. But if you want to do more than lose your hard earned money, you will have to investigate the prospective entrepreneurs and their ventures.
Due Diligence for Equity Crowdfunding
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