Public disclosure of intellectual property on crowdfunding platforms can have a significant impact on its legal status. Therefore, before you launch your campaign on Kickstarter or other crowdfunding platforms, you must protect your company’s intellectual property.
It is tempting to include a catchy name for your product in your crowdfunding proposal in the hopes of attracting attention from potential donors. However, it is important to be aware of the risks posed by crowdfunding to the ownership of your trademark. In the U.S. and Canada, the first party to use a trademark…
While crowdfunding platforms can give entrepreneurs access to customers and capital, they also present many risks that can cause unsuspecting entrepreneurs to lose control of their ideas. For instance, crowdfunding puts the ideas of many early stage entrepreneurs at risk of being stolen by better-funded investors or large corporations since many crowdfunding users will lack…
If you read the terms and conditions that govern your use of any crowdfunding platform, you will quickly discover that crowdfunding platforms do not offer any protection for your intellectual property. Therefore, public disclosure of your intellectual property on these platforms can have a significant impact on its legal status. It is also important to…
Starting this month, companies that seek to raise up to $50 million have a new financing option that will give some private businesses access to a wider pool of potential investors.
Within a relatively short amount of time, crowdfunding has revolutionized the way small businesses find the capital they need to grow. By putting the tools for fundraising success in the hands of entrepreneurs, crowdfunding will continue to transform the landscape of business finance.
In April of 2012, Congress passed legislation permitting equity and debt crowdfunding. This was done through the Jumpstart Our Business Startups (JOBS) Act as a means of stimulating the American economy. The Securities and Exchange Commission (SEC) must issue its rules and regulations before non-accredited investors can take advantage of this opportunity, although Georgia and…