Crowd funding for Hostess could lift eRaise’s visibility

With 18,500 jobs caught up in the liquidation of Irving, Texas-based Hostess Inc., a group of local entrepreneurs’ crowd funding concept could offer help to the employees who may soon find themselves without work.

The group also hopes to make a statement about the new funding process.

Royal Oak-based crowd funding firm eRaise.com LLC recently launched its “DoughforHostess.com” campaign, which has a goal of $500 million.

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