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House Passes Crowdfunding Bill: FAQ’s for Entrepreneurs

Scott Edward Walker

House of Representatives passed a crowdfunding bill that will allow startups to offer and sell securities via crowdfunding sites and social networking sites. May Startups Raise Funds via Crowdfunding? Are There Any Downsides to Crowdfunding for Startups? Last week, the U.S. What is Crowdfunding?

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A Startup Knows It Needs a Lawyer When:

ithacaVC

Cost is the overriding issue for startups when it comes to properly engaging a lawyer. My general retort on this point is this: expect to incur real lawyer costs and get over it. Of course, be judicious about the engagement, but a good business lawyer can be a huge asset.