Regulated investment crowdfunding is a powerful tool for building local capital in your neighborhood or town.
There are three perspectives I’ll discuss here:
Investor perspective
Entrepreneur perspective
Community leader perspective
For clarity, whenever I talk about crowdfunding today, I’ll be referring to the regulated investment crowdfunding on websites like Wefunder, Republic and Start Engine—and dozens of others. I’m not talking about GoFundMe or even the popular rewards crowdfunding sites Kickstarter and Indiegogo.
That said, there may be no better way for an entrepreneur to prepare for an investment crowdfunding round than to conduct a rewards campaign. We’ll talk about that another day.
Investor Perspective on Building Local Capital Via Crowdfunding
If you are an adult living in the United States, you are eligible to invest directly in local businesses via crowdfunding. The only barrier between you and becoming an experienced local investor is finding a campaign you can fund in your …