New crowdfunding rule could be a game changer for underfunded startups

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    Caribu didn’t have many options when the company went out to raise funding in 2019.

    The Miami education technology startup aimed to secure $500,000 to grow its platform, which enables adults to read with children online through interactive video calls. Caribu found a venture capital firm to invest, but co-founder and CEO Maxeme Tuchman quickly realized the terms of the deal were not in the company’s favor.