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In looking to raise money via crowdfunding, the moral of the story is, try to raise as close to the next threshold as possible. The thresholds are at $100,000, $500,000, and $1M. If it needs to raise $60,000 for business, aim for $99,000. Not only will pay less for that money but will have more of it. This assumes that it will be able to secure $99,000 from backers. Same holds true for the $100,000 to $500,000 levels and over $500,000 level.
SOURCE LINK to full article:http://venturebeat.com/2014/01/02/it-might-cost-you-39k-to-crowdfund-100k-under-the-secs-new-rules/
Tags: crowd-funding, crowdfunding, crowdfunding-tips, crowdsource, crowdsourcing, crowdsourcing-knowledge
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It might cost you $39K to crowdfund $100K under the SEC’s new rules
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