What a Beach!

Over 39,000 New Zealand donors have crowdfunded the purchase of a beach to put it into a national trust, raising over NZ$2.5 million with some help from the government. The project was started by 2 brothers on Christmas day and culminated 3 months later using the Givealittle crowdfunding platform.
http://www.nbr.co.nz/article/sellers-28m-richer-awaroa-beach-crowdfunding-deal-cs-186416

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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 accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business and tagged , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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