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Home / Firm Blog / General / What is Crowdfunding?
31
March
2015

What is Crowdfunding?

What is Crowdfunding?

The term Crowdfunding has many different connotations. Crowdfunding includes a wide variety of collective efforts and allows people to raise funds for almost any type of project with donations from others. Crowdfunding also refers to funding a company by selling small amounts of equity to a large number of investors; this more narrow definition is what we are addressing in this FAQ.

 DISCLAIMER: The adoption of the JOBS Act has raised many questions and issues related to Crowdfunding; these Frequently Asked Questions (FAQs) are intended to provide clarification. The information below does not take the place of legal advice. To protect against undesired and unintended consequences, one should consult with competent legal advisors.

Author; Pat Gallagher Categories: General

About the Author

Pat Gallagher

Pat Gallagher

Attorney Pat Gallagher is founder of The Gallagher Law Firm overseeing its day-to-day operations, as well as the long-term strategic planning of the firm. He focuses his law practice on the needs of businesses and specializes in a wide variety of transactional matters, litigation and mediation. He received his J.D. legal degree from the Washington University School of Law in St. Louis, Missouri. Mr. Gallagher has litigated cases throughout Michigan before the American Arbitration Association, State and Federal Courts, Michigan Court of Appeals, Michigan Supreme Court and the United States Court of Appeals.

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