CHAPTER 7
After Your Successful Crowdfunded Offering Is Completed
If your offering fails to reach its target amount (or the minimum offering amount you specified in your offering documents) by the scheduled closing date, the ball game’s over. The funding portal takes down your listing, those who invested in your offering get their money back, and you and your management team go back to square one.
If your offering reaches its target amount within the specified offering period, congratulations! I predict you and your cofounders will be enjoying a very wild (and well deserved) celebration indeed. Just make sure you don’t use any of your investors’ money to fund the party (they really, really don’t like that).
And don’t celebrate for too long. You ...
Get The Crowdfunding Handbook now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
