Since the beginning of May, at least two new investment-oriented crowdfunding initiatives have been announced — a partnership between EarlyShares.com and Navocate, and one by the U.S. Crowdfunding Exchange LLC, Reuters reports.
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Until SEC rule-making is complete the crowdfunding exemption under Section 4(6) is not available for offers and sales of securities. Nonetheless, equity crowdfunding offers are already easy to find on Twitter.
As the U.S. Congress considers whether it should loosen restrictions on crowdfunding, MicroVentures has raised a round through its crowdfunding service. MicroVentures, an Austin, Texas-based provider of online peer-to-peer crowdfunding investment services for accredited investors, plans to announce today that it has raised $150,000 in funding. This latest round was raised by using the company’s [...]