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3. What are the benefits and costs associated with offering a higher equity share to the crowd in equity crowdfunding cases? What is a typical

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3. What are the benefits and costs associated with offering a higher equity share to the crowd in equity crowdfunding cases? What is a typical equity share that is offered in crowdfunding? 4. What are benefits and costs associated with issuing non-voting shares in equity crowdfunding? What might be scine benefits for retail investors associated with investing alongside a professional or accredited investor? 5. Which equity crowdfunding platforms are the most successful in the world? What might have contributed to their success? What are some examples of successful companies that have listed on these platforms? What are some examples of failed crowdfunding campaigns? What is the difference between long-run and short-run success in evaluating crowdfunding cases? 6. How are returns to equity crowdfunding promoted on select webpages? Are there any agency problems associated with such promotions? If so, explain how? What might be done to improve investor education and protection

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