Has the popularity of crowdfunding reached the litigation realm? With the appearance of companies like LexShares , it appears so. Crowdfunding, or funding a project or venture by raising monetary contributions from a large number of people, typically via the internet, has grown tremendously in popularity over the last five years. In a typical crowdfunding endeavor, the person with the idea or project seeks funding from individuals who are interested in benefiting from, or being related to a funded project, through a third-party platform that brings the groups together. Kickstarter and GoFundMe are among the popular crowdfunding platforms that have been used successfully to fund filmmaking, video games, technology products, and even Super PACs for political campaigns . Just as it is expensive to finance the making of a film or the development of new technology, funding litigation can be equally costly. Though, for example, a small business may have a claim that is likely to lead to...
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