Ray’s Take A new avenue for investing is garnering some media attention. It’s called equity crowdfunding, and it’s a vehicle for small entrepreneurs to expand their businesses.
Investopia defines equity crowdfunding as the use of small amounts of capital from a large number of individuals to finance a new business venture.
Sites like Kickstarter and Indiegogo have been around for a while, but only high income/high net worth individuals called “accredited investors” were allowed to make these types of investments. This changed in 2015.