WATCH: Washington State House Hearing On Crowdfunding Exemption

February 5, 2014 @ 11:26 am By Charles Luzar

The State of Washington has been weighing the possibility of implementing an intrastate crowdfunding exemption. The House Business & Financial Services Committee discussed the bill late in January, and we now have the video of that hearing.

Representative Cyrus Habib (D-48th) has championed the effort. He knows the challenges startups face in raising capital. He practices law and advises startups at Seattle-based law firm Perkins Coie.

Related – Washington State’s Crowdfunding Exemption: Everything You Need To Know

Among the testimonies provided, Attorney and StartupLawBlog.com proprietor Joe Wallin testified as well as Adam Lieb, CEO at gaming-focused social network Duxter. Both expressed support for the bill. Lieb in particular had an interesting story that started with an exit he experienced at a very young age. He points out that he could have benefitted from crowdfunding greatly as a young entrepreneur.

Watch below…

Reg A - Form 1-A Filings Beta

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 22, 2026 vs Jan 1, 2025 - Oct 22, 2025

Number of Filings130Prior 125 +4.0%

Target Raise, Total$3.37BPrior $3.54B -4.7%

	This YTD	Year prior	Change
Filings	130	125	+4.0%
Target raise	$3.37B	$3.54B	-4.7%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

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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