E-Commerce Times: “SEC Opens the Door to Crowdfunding”

. . . Even with the SEC’s cautious approach, however, crowdfunding’s appeal will likely translate into, at the very least, dashed hopes on the part of both investors and businesses, Bruce Bachenheimer, a professor of management at Pace University, told the E-Commerce Times.

. . . Even with the SEC’s cautious approach, however, crowdfunding’s appeal will likely translate into, at the very least, dashed hopes on the part of both investors and businesses, Bruce Bachenheimer, a professor of management at Pace University, told the E-Commerce Times.

“While there are many exciting possibilities that could come from the act, I’m afraid it will result in an amateur ‘field of dreams,'” he said — “early startups dreaming of easy funding and nascent individual investors dreaming of big returns.”

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