Big bang for startup crowdfunding opens with a fizzle
Only around 35 startups selling stakes to the public on nine funding websites
San Francisco
EVERYDAY investors can finally buy shares in private startups, but so far "crowdfunding" is off to a slow start.
After new investment rules came into effect this week that allow anyone to invest in private US companies, only around three dozen startups - including a distillery and a donut store - were peddling stakes to the public on nine funding websites by Wednesday morning, according to news site Crowdfund Insider.
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