Think of a crowd. Think of a mob. Think of a mass. The collective nouns for ‘people’ mostly come with negative connotations because, in the English language at least, such large groups are regarded apprehensively.
If a third party talks about a crowd’s ‘mind’, then that collective intelligence is automatically levelled down, sometimes to stupidity and more often to madness (except in obscure SF or fantasy).
Think of Charles Mackay’s seminal book Extraordinary Popular Delusions and the Madness of Crowds, focusing on economic bubbles and mass movements.
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 28, 2026 vs Jan 1, 2025 - Oct 28, 2025
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Number of Filings132Prior 127 +3.9%
Target Raise, Total$3.44BPrior $3.54B -2.9%
This YTD
Year prior
Change
Filings
132
127
+3.9%
Target raise
$3.44B
$3.54B
-2.9%
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the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us@CrowdfundInside
This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
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