Crowd funding an option? Private money?

[Walter Granquist]

I have just recently heard of crowd funding. It actually kind of got me to this site. I have money I need to raise and would be interested to know if there is a limit to crowd funding. I have 700k left and don't know if the only option is to get private money or would crowd funding be an option? Walter

[Jim Groves]

There are no limitations to the amount you're seeking to raise unless you're pursuing an intrastate offering, but typically successful raises are $2MM or less.  As the investor base expands, the amount raised should increase.

[Bryan Hancock]

Whether or not crowdfunding is appropriate depends on many things:

• What state is the project in?  What state do you live in?  
• Do you intend to have investors in many states?
• Do you have a track record to sell to help to raise money?
• How much, in total, are you looking to raise
• What type of project are you trying to raise money for?
• How long will the investor money be used?
• What will the capital stack look like?
• Do you have a large network to be able to help raise the money on your own?

I could go on and on and on.  There simply isn't enough information in your post to be able to help much.  

There are many good threads on BP about crowdfunding.  I would suggest starting with reading those.  

[Dmitriy Fomichenko]

@Walter Granquist Like others said, there are many factors that play into this. I would recommend talking to @AdaPia DErrico to ask her questions about crowdfunding.