Archive: Gumroad
New $5 Million Limit Enables Attractive Crowdfunding Deals
By Adam Sharp on March 23, 2021
Last week, the SEC’s new rules around equity crowdfunding went into effect. Now companies can raise up to $5 million per year from the crowd. On the first day, we got a good idea of the potential of this new medium. Gumroad — an online platform that allows anyone to sell goods — raised the full $5 million in less than 12 hours. It was a quality deal —…