The Not-So-Good Side of Crowdfunding

Like just about anything else (nuclear power?), crowdfunding can be used for good or bad.

On the not-so-good side, is the crowdfunding campaign for Reflectacles, the eyewear that may appeal to “night cyclists or privacy minded people” or bank robbers.

The glasses are said to reflect so much light as to blind closed circuit tv cameras to that your face is obscured and you can’t be recognized.

Heavy appeal to those guys that rob 7-11’s at 2AM and put innocent lives at risk.

Just can’t endorse this one.
https://www.dnainfo.com/chicago/20161221/humboldt-park/reflectacles-scott-urban-glasses-reflect-light-cameras

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, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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