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With regard to equity crowdfunding, too many policymakers and regulators are focusing their attention on the “funding” piece of crowdfunding, overlooking the fact that the true revolutionary power of crowdfunding lies instead in the crowd.
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crowdfunding, kick-starter, indiegogo, rockethub, entrepreneurs, investors, equity
Mollick, Ethan, "The Danger of Crowding Out the Crowd in Equity Crowdfunding" (2014). Penn Wharton Public Policy Initiative. 29.