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Comment by Draft_Punk

As mentioned below, the main issue here is that you're violating a host of SEC regulations. In simple terms, by crowdfunding a company to strangers on the Internet, you've made your own "public offering".

I bought the domain ClusterFunder a few years ago with the same basic idea, and even toiled with a dozen variations, but to maintain the site's value you inevitably run into SEC issues.

They are currently reviewing a proposal that would make crowdfunding possible up to 100K, so I'd stay up to date with that and proceed accordingly.

parent Draft_Punk 15 years ago

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