Derfor bliver equity crowdfunding en succes

Andrew A. Schwartz, Associate Professor at University of Colorado Law School, vurderer, at crowdfunding har rigtig gode muligheder for at blive en succes: ”In my recent article, The Digital Shareholder, I provide reason to expect that securities crowdfunding may actually succeed, despite the legitimate concerns of critics. My argument is premised on the first principles of entrepreneurial finance, famously laid down by Professor Ronald Gilson. [7] According to Gilson, there are three fundamental problems that all systems of entrepreneurial finance must confront and overcome in order to succeed: Uncertainty (it is impossible to predict how a startup will perform); information asymmetry (entrepreneurs necessarily know much more than investors about their business); and agency costs (entrepreneurs will be tempted to shirk and engage in self-dealing). This well-known “trio of problems” applies directly to crowdfunding, where they will present themselves in extreme form due to the very early stage of the companies involved.”