Proceed with caution, Halloween is coming …and some would have you believe the specter of fraud looms menacingly over crowdfund investing, and that the Invisible Fraudster is this year’s version of the big, bad bogeyman.
Fraud, fraud, fraud. Had it with all the discussions about why Crowdfund Investing (aka equity and debt-based crowdfunding) due to kick off in 2013 will become the “red-light district “of seed investing and the “wild west” of entrepreneurship? Some journalists even go so far as to say it will be a “potential legal disaster waiting to happen.” Pretty scary stuff!
Sick of all the talk about how our society is doomed and there’s no hope for our economy? Tired of all the people who can’t believe that the world is changing for the better thanks to the Internet and social media, those doomsday naysayers who believe we might as well ‘close shop,’ ‘pull the plug,’ ‘turn in,’ ‘turn off the lights’ and ‘turn over?’ We’re with you—we too are bored to tears with that tired old tale.
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