ASK ME ANYTHING: Snowball Effect's Josh Daniell

The Financial Markets Conduct Act, which came into effect on April 1, lets businesses to crowd fund by offering equity of up to $2 million without the hassle or costs of a prospectus.

Josh Daniell left a career as a solicitor at Bell Gully to join the world of start-ups.

He recently joined Snowball Effect — one of the new species of companies newly-licensed by the FMA to offer equity crowdfunding.

Mr Daniell fielded reader questions Tuesday Sept 23. 

Scroll down to see his responses.

ckeall@nbr.co.nz

 

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