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Crowdfunding Bill Stuck in the Senate

Scott Edward Walker

House of Representatives overwhelming passed the Entrepreneur Access to Capital Act , a crowdfunding bill which permits startups to offer and sell securities via crowdfunding sites like Kickstarter or social networking sites like Facebook. In early November, the U.S.

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Is the House Crowdfunding Bill Being Killed in the Senate?

Scott Edward Walker

House of Representatives voted 407-17 to pass the “Entrepreneur Access to Capital Act,” a crowdfunding bill which permits startups to offer and sell securities via crowdfunding sites like Kickstarter or social networking sites like Facebook. “The Senate is the place where bills go to die.” – Bill Maher On November 3, 2011, the U.S.

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Is crowdfunding legal?

Startup Company Lawyer

Despite the buzz among entrepreneur communities, various restrictions may make crowdfunding impractical for companies raising money and the intermediaries that facilitate the process. In 2005, Kiva launched a micro-finance platform that allows people to lend small amounts of money to entrepreneurs in developing areas.

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