The equity crowdfunding law Arizona passed this year heralded a new opportunity for all individuals to invest and help grow Arizona startups but it still is missing a key aspect: a way for investors to cash out of their investment. Bruce Brimacombe, founder and CEO of GOE3, a Mesa-based startup, says the crowdfunding bill is missing an exit strategy. Under normal investment regulations, accredited investors – individuals with a net worth north of $1 million – can recoup their investment and gains by either selling their stake or through an initial public offering of stock.
