Barry Choi: Ever used Kickstarter or GoFundme? Crowdfunding can now be used to invest in private companies

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Ever used Kickstarter or GoFundMe? Instead of donating to a charitable cause you can now use crowdfunding to invest in

during a 12-month period.

While the new harmonized rules outline a standardized maximum investment for the average investor, some crowdfunding platforms may also have their own rules that allow higher levels of investment.Article content “The democratization of the private markets enables the public to vote with their investment dollars for companies that they believe could bring positive change, become successful and create attractive returns,” says Peter-Paul Van Hoeken, founder & CEO of FrontFundr.Article contentGetting funding can be essential for entrepreneurs to survive, but not all companies will qualify for crowdfunding platforms.

 

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