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Ministry of Education.
Kaua e rangiruatia te hāpai o te hoe; e kore to tātou waka e ū ki uta

Crowdfunding set to snowball as rules change

23 October 2013

A crowd funding logo

Snowball Effect is a company being established to take advantage of this law change. When the provisions in the Financial Markets Conduct Act change, anyone will be able to raise up to $2 million without needing a formal prospectus.

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Discussion starters

  • Characteristics of Technology: Use this and other examples to illustrate how socio-cultural factors influence Technology, and in turn, Technology influences socio-cultural factors in complex and on-going ways. (level 7)
  • Brief development: Use this and other examples to establish a conceptual statement that justifies the nature of the outcome and why such an outcome should be developed with reference to the issue it is addressing. (level 7)

Keywords: crowdfunding, characteristics of technology, brief development

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