Equity Crowdfunding
定義
Equity crowdfunding sells actual shares (or share-equivalents) to many small investors through regulated online platforms, under frameworks like US Regulation Crowdfunding.
資金調達における位置づけ
Startups with consumer audiences sometimes raise community rounds this way, turning users into shareholders.
よくある質問
How much can be raised through equity crowdfunding?
Up to $5M per 12 months under US Regulation Crowdfunding, with escalating disclosure requirements.
Does equity crowdfunding complicate the cap table?
Modern platforms pool investors into a single entity, keeping one line on the cap table; older direct-share models created real mess.