EquityNet LLC of Fayetteville has moved forward with the planned release of its second free crowdfunding tool, available via its website.
Crowdfunding facilitates the raising of small amounts of capital from a large pool of investors, primarily through the use of the Internet and social media. EquityNet essentially serves as an online matchmaking marketplace for entrepreneurs and investors.
The concept of crowdfunding has gained increased attention since President Obama signed the Jump-start Our Business Start-ups Act in April. The act legalized crowdfunding for private businesses in exchange for equity stakes.
In November, EquityNet released its “Startup Risk Calculator,” which is designed to reveal risks, provide probability of success and offer strategies to increase the likelihood... [ MORE ]