Yesterday the National Law Review published a concise and useful update on Regulation CF crowdfunding written by Samuel Effron. The article summarized the results of the first six months of Regulation CF crowdfunding (July – December 2016). I exchanged emails with the author. We agree that crowdfunding is still in its infancy and we have too little data to draw any conclusions.
My bibliography of post on small business crowdfunding continues to grow slowly.
The bottom line on crowdfunding is that due to delays in enacting state regulations for easy and simple intrastate offerings, crowdfunding is still not a viable option for most small businesses in my region of PA, NJ and DE. The available federal option is still difficult and the probability of success is still too low.