4 ms·
Would be against Kickstarters' TOS to sell micro-shares of the company making the product? It would be like a distributed yc.
by gosub 14y ago
Would be against Kickstarters' TOS to sell micro-shares of the company making the product? It would be like a distributed yc.
- wisty 14y agoIt would probably be against security laws.
- URSpider94 14y agoIt is DEFINITELY (almost DEFINITELY, IANAL, nor am I a broker) against current securities laws. Securities laws and regulations make it very onerous to sell shares to the public (i.e. to become a "publicly traded company").
- shiftpgdn 14y agoThis is changing in 2013: http://boss.blogs.nytimes.com/2012/08/21/its-not-too-soon-to-think-about-crowdfunding/ http://boss.blogs.nytimes.com/2012/08/21/its-not-too-soon-to...
- deleted 14y ago[deleted]
- tolos 14y agoTo a degree. (A) no more than $1,000,000 is raised via crowdfunding in any 12 month period; and ... http://blog.fundinglaunchpad.com/2012/04/investment-crowdfunding-legislation-review/ http://blog.fundinglaunchpad.com/2012/04/investment-crowdfun...
- adaugelli 14y agoKickstarter doesn't want to sell shares http://allthingsd.com/20121105/kickstarter-ceo-no-ipo-for-us-and-no-equity-crowdfunding-either/ http://allthingsd.com/20121105/kickstarter-ceo-no-ipo-for-us... “We think the most disruptive aspect [of Kickstarter] is the removal of the investment component,” Chen said. “People are supporting projects because they want to see them happen. It’s so different than giving money because you want to make a profit.”