There are several academic research streams dedicated to equity crowdfunding. Academic writing surrounding equity crowdfunding is nascent. Ultimately, research streams focus on signaling and information asymmetry exploring how information is communicated around an investment, evaluating the regulatory need for equity crowdfunding, and initial return on equity crowdfunding investments. 

Popular opinion seems largely skeptical about the idea of equity crowdfunding with many private venture capital firms worried that non-accredited investors don’t have the capability (or information) to successfully invest inequity campaigns.

Below is a list of early academic research into equity crowdfunding:

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