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Maryland Startup CoFoundersLab Claims a Crowdfunding First – Venture Capital Dispatch – WSJ

By January 10, 2014News
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Last Sept. 22, the chief executive of a startup called CoFoundersLab Inc., Shahab Kaviani, sat up at the moment the clock chimed midnight, ready to tweet.

At that time, a ban on what’s known as “general solicitation” was officially lifted by the Securities and Exchange Commission, which meant startups like his could tell the general public, and not just accredited investors, that they were raising money.

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