Avoid Crowdfunding Disasters

Tips on how to avoid a crowdfunding disaster include:

  • have a cynic on the management team who can anticipate how things will go wrong;
  • double your budget for the cost of building your product (remember Murphy’s Law);
  • triple the estimate of the time it will take to get your product to market; and
  • product options will quadruple the complexity of getting the product to your pre-buyers.

http://bold.global/rod-turner/2016/03/07/four-essential-crowdfunding-rules-avoid-disaster/

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 accredited investor, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Film, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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