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The rule says that you have to be an investor in the state. Could you start a fund that takes money and invests in smaller Colorado startups using this new law?


I think the rules are still in flux. From the article:

"The state's Securities Commission must now create rules before the first equity crowdfunding deal in Colorado is made. Draft rules will be completed by the end of the month and must go through an approval process before becoming official, according to deputy state securities commissioner Lillian Alves."




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