Is the $2 million equity crowdfunding limit too low?

Wed, 17 Jun 2015

By Fiona Rotherham June 17 (BusinessDesk) - Josh Daniell, co-founder of Snowball Effect, says the $2 million limit placed on those raising money through equity crowdfunding is a “good place to start” but would probably be revised up over time. The $2 million cap in one year was raised today during a discussion on new platforms for raising capital at the Conferenz Financial Markets Law conference in Auckland. The panel included Daniell, Neil Roberts from peer-to-peer lender Harmoney, and NZX head of funds management Aaron Jenkins, who’s be...

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