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This is illegal for US (private) companies to do right? Sometimes I wonder why it is illegal to tell the world you are fundraising but having a casual conversa
by dmritard96 9y ago
This is illegal for US (private) companies to do right? Sometimes I wonder why it is illegal to tell the world you are fundraising but having a casual conversation about it with someone is fine. Such a bizarre world where you can’t really solicit your company as a product but you can solicit your company’s product.
- chatmasta 9y agoWhat? It’s definitely not illegal to advertise that you are looking for investment. How else would a startup find investors...? Maybe you’re referring to raising money from non-accredited investors. For the time being, AFAIK that’s still not allowed. There was some movement on this in the crowdfunding for equity space, but not sure what the current status is. It seems everyone has gotten too distracted by cryptos and ICOs to care.