Crowdfunding Lobbyists For The People

If you watched the Democrat Party’s debate last night, there were a lot of complaints about corporate lobbyists.

Now, a startup is using crowdfunding to get ordinary citizens a seat at the table where the sausage (ie, laws) are being made.

power-red-fist

CrowdLobby is asking folks to donate to hire their own lobbyist to work in state houses to push for legislative reforms that are not being advocated by big corporations.

The company wants to “start small,” and is organizing its first campaigns in Virginia, to push for decriminalizing marijuana and for equal funding for students.

The startup is taking a 25% fee but that includes hiring the lobbyist and full time working with her to influence the appropriate legislators.

There’s no guarantee of success, only of effort.

https://www.engadget.com/2019/07/30/crowdlobby/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABAkxN3LnzzU7ngbSLa8cRhtYi6D761pRgxL64fh2urbsRPT5E7J5GWOxXtWBMuFYuVnxq-AeajIsEeHCTjeioTRaXoo-kXENq2Obdil4B54EEib1qoO1nc3BhX-R18Xlclf_5rz4RDXrWioX3POrD_t8BUii0wuV8x9Q7EqTZer

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 Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.