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Equity Crowdfunding for Investors


By David M. Freedman and Matthew R. Nutting

Since the launch of equity crowdfunding portals in 2016, all Americans (regardless of income or net worth) can invest in startups and growing small businesses. Equity crowdfunding is regulated by the SEC, with strong consumer-protection and anti-fraud provisions.

This book describes the history and growth of securities crowdfunding (including debt and equity), the risks and potential returns of securities crowdfunding, how to navigate registered funding portals, and how to evaluate offerings and deal terms. 

Dave Freedman, based in Chicago, has worked as a financial and legal journalist since 1978. Matt Nutting is a lawyer in Fresno, California, who represents entrepreneurs, investors, and real estate developers. More


Investing in the Great Lakes Region:

An Interview with John Austin, director of the Michigan Economic Center
By David M. Freedman -- January 10, 2024

"Lots of Upper-Midwest communities, large and small—including all the major metros from Minneapolis to Pittsburgh—that lost much of their industrial factory-town anchor employers 30 to 40 years ago have been building something new to replace those opportunities. They’ve turned an economic corner." Map Wikimedia Commons


Box-Making Basics

Design, Techniques, Projects
By David M. Freedman

Published by Taunton Press (publisher of Fine Woodworking magazine), Freedman's classic box book features 16 different projects -- including jewelry, stationery, pen & pencil, his & hers, decorative, and gift boxes -- as well as design fundamentals.

The Durability of International Water Treaties
By David M. Freedman

In the 21st century, it is possible that international water treaties will be more durable than national borders and traditional political alliances.

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A History of Crowdfunding

Welcome to the revolution in consumer finance and private capital markets.

By David M. Freedman and Matthew R. Nutting

This history includes debt-based crowdfunding platforms, pioneered by LendingClub in 2006; rewards-based CF dominated by Indiegogo (2008) and Kickstarter (2009); donation-based CF pioneered by GoFundMe in 2010; and securities CF platforms, including “mini-IPOs” launched in 2015 and equity crowdfunding in 2016.


What is 'Free Enterprise'?

How the Supreme Court decision in Fletcher v. Peck (1810) defined and preserved free enterprise in the USA

By David M. Freedman

In 1795 the Georgia legislature sold 35 million acres of land in the state’s western territory, then known as Yazoo (now Mississippi and Alabama), to a group of four private land companies. The sale price was a colossal bargain: less than 2 cents an acre.

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