A Review of Netcapital and a Look at [REDACTED]
On June 6, 2021, we published a factual article titled A Review of Netcapital and a Look at [REDACTED] in which we expressed our concerns about the Netcapital equity crowdfunding platform and a company it hosts, [REDACTED]. As risk averse investors, we do not believe equity crowdfunding benefits investors on any platform. Here are some pieces we’ve written regarding why we do not believe crowdfunding is good for investors:
- The Problem with Equity Crowdfunding Platforms
- A Warning About Crowdfunding
- Why Regulation A+ IPOs Should Be Avoided
And here are several equity crowdfunding platforms we’ve covered:
- EquityNet – An Equity Crowdfunding Platform Review
- MicroVentures – Is Equity Crowdfunding Worth A Look?
On August 26, 2021, we received a cease and desist letter from law firm [REDACTED] signed by an Associate at the firm named [REDACTED]. The letter threatens us with legal action if we don’t remove the aforementioned article. So, we did.
We have published nearly 2,000 articles using our same risk-averse critical analytical approach. We’re now being asked to take down one of them or face legal action. We’ve done so because that’s the easiest way forward, not because anything we said was inaccurate. We have a fiduciary responsibility to focus our resources on where we can add the most value to our readers.
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