Finance

Crowdfunding: Don't Call It an IPO

By on November 17, 2011

Finance

Crowdfunding: Don't Call It an IPO

Small businesses trying to raise money face a tangle of securities laws that make it tough to sell shares. Legislation backed by the President and approved by the House would allow for “crowdfunding,” or raising small amounts from many investors, without registering for a costly public offering.

Tozzi is a reporter for Bloomberg Businessweek in New York.
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