CROWDFUNDING TO FUND ACQUISITION?

Has anyone considered crowdfunding to fund an acquisition? Companies can raise up to $5 million. Getting audited financials for this would be relatively simple with a newly incorporated company - only other hurdle would be digital marketing spend, but I expect many people on SMB twitter could source from their followers.

Pros: passive investors, give away much less equity (valuations on crowdfunds are incredible) Cons: initial outlay of capital to fund digital marketing



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