I’ve started businesses in Washington. I’ve raised money here and hired folks here. My testimony focused on my entrepreneurial story. I talked about the various businesses I have started, ran, and sold. I talked about my experience raising angel and institutional capital in Seattle very recently. The thrust of my testimony was to tell my story and talk about how these proposed crowdfunding laws could have helped me at every step of the way. As a twelve year old with a popular website, I could have raised money from friends and family. As a college student generating 7 figures for my gaming services company, I could have also raised money from customers and vendors. As a grad student launching a startup with a talented team, a big vision, and a sexy space, I could have raised funds from the general public. I could have benefited from these laws at each step of the way, had they been enacted.
— Adam Lieb, Why I testified in favor of crowdfunding today
Image: http://www.crowdfundinsider.com
To read the original article: Washington State's Crowdfunding Exemption: Everything You Need To Know | Crowdfund Insider
