Before CROWDFUND Act takes effect, investors can help boost local start-ups — within limits

Crowdfunding has treated a number of Boston start-ups well: SuperMechanical set new (short-lived) records when it raised $556,541 for Twine, and Formlabs Form 1 has raised more than $600,000 for a 3D printer just a day after launching (check out Scott Kirsner’s behind-the-scenes on FormLabs).

With rules about actually investing in companies about to become a bit more lax, the crowdfunding floodgates might open even wider, with new crowdinvesting site WeFunder, based in Cambridge, hoping to join the ranks of Kickstarter and IndieGoGo as a marquee crowdfunding platform. The fundamental difference with this new breed of sites is that, rather than receiving swag, warm feelings, and early products, crowdinvestors actually buy a (very small) piece of the company.

 

Read more at Boston.com

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