By Shannon Finch, Anthony Boogert and Thomas Brunskill. King & Wood Mallesons’ Sydney Office
1. Crowd-sourced equity funding (or “CSF”) is…
A variety of crowdfunding models have emerged as early-stage companies search for innovative fundraising methods. In contrast to reward or donation based models, CSF involves a company raising capital by issuing equity (ordinary shares) to a large pool of investors, typically for small amounts of money. CSF is usually facilitated through an online platform hosted by a third party.
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