So now crowdfunding apparently can be used to fund a political campaign. But wait, funding a political campaign is one of the early uses of crowdfunding. Long before the JOBS Act, like-minded people came together with their dollars and supported a cause that was important.
Interesting article on NPR talking about a new entrant into the Presidential Race.
I frequently talk with underwriters and ask, "is this crowdfunding?" as I talk about the four quadrants of crowdfunding. Is crowdfunding a political campaign actually "crowdfunding" and is there any liability associated with this (really, not much).
Monica M. Minkel, RPLU, MLIS, cyRM has been working exclusively with Directors & Officers Liability, Professional Liability, Cyber Liability and related products for more than 15 years. She started her interest in finance by loaning money to her mom at age 11 (complete with a loan agreement and competitive interest rate). She is passionate about all things in the financial industry and the way technology is changing the way capital markets function.