Startup looks to take advantage of crowdfunding with new loophole

Josh Cook is looking to capture some organic growth through crowdfunding for his Nextdoorganics food store in Brooklyn. The Bedford-Stuyvesant-based store is aiming to raise $50,000 to $100,000 via new rules that allow startup companies not registered with the Securities and Exchange Commission to crowdfund securities offerings. The new rule took effect on May 16,...