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BoneChat #12 short - Equity Crowdfunding Navigating Partners & Costs - Ted Bird

2 Apr 2024 · 1 min

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0:33

Ted Bird walks through launching an equity crowdfunding campaign: educate your board first, hire an auditor who knows equity crowdfunding to control costs, and expect pushback from corporate law firms unfamiliar with the model.

Chapters

So I really went to school on this to learn about this, to learn about platforms, to learn about self-hosted sites, because I had to convince my board of directors. I mean, you need, you need to have an auditor if you don't already have a good auditor. There are equity crowdfunding specialist auditors that do it effectively, less expensively. But if you just go with your normal auditor, many of them also, you know, lawyers. When I first talked to the corporate lawyers for Dimeacron, they didn't want anything to do with equity crowdfunding.