Under a federal law passed in April, "startups needing to raise up to $1 million — which previously were not allowed to ask the public for money — will be able to sell micro-stakes to investors," Columbus Business First reports. Although crowdfunding will help supply early-stage capital for nontraditional technology and goods, it carries with it the potential for failed investments as well as investment fraud, the article said. For more, read the full story.
Crowdfunding can benefit startups, but may put investors at risk