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, CPLP has been working exclusively with Directors & Officers Liability, Professional Liability, Cyber Liability and related products for nearly 20 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.