Crowdfunding laws a turnoff for venture capitalists

"Any business that raises capital using equity crowdfunding laws that passed the House Of Representatives on February 10 will have no chance of attracting venture capital investors in future, a leading angel investor says. Adrian Bunter, a prominent member of the Sydney Angels investor group, says venture capitalists won't want the hassle of investing in businesses with potentially hundreds of underlying shareholder agreements." Read more

Michael Bailey AFR 15 Feb 2016