Editor's note: Jason Best and Sherwood Neiss spearheaded the efforts to legalize crowdfunding and?helped author the JOBS Act. They founded Crowdfund Capital Advisors and are currently co-authoring Crowdfund Investing for Dummies. The concept of crowdfunding to launch and grow your business may seem like a dream come true?reduced cost of capital, access to new pools of investors, the community opening their arms and wallets? all giving your business a shot to make it big. ?While crowdfunding (both donation and equity based) offers amazing opportunities, it also brings fiduciary responsibilities, commitments of time, reporting requirements and the potential to let down the people who mean most to you in the world if the unforeseen happens and failure occurs.Source: http://feedproxy.google.com/~r/Techcrunch/~3/jq1Gh51JldA/
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