Like Unprotected Sex

How is crowd funding like “unprotected sex”? Several angel investors note their reticence to invest online because of the lack of in-person due diligence that can smoke out issues ranging from personality conflicts among managers to overstatements regarding the progress of research to a manager’s grasp of the market. However, the WSJ notes that even some sophisticated angels are taking to the wi-fi and cutting checks, perhaps relying on the funding portals to curate the better prospects.

See today’s article here: http://online.wsj.com/article/SB10001424127887323301104578258651038480358.html?mod=ITP_marketplace_0

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, SEC, Small Business, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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