Obama Signs: And Crowdfunding is Legal in the US!

Obama Signs: And Crowdfunding is Legal in the US! Avatar Posted by JVRudnick under Raising Capital
From http://www.canuckseo.com 1215 days ago
Made Hot by: ZiggyFreud61 on April 8, 2012 3:14 am
Yes, the title above is correct….and as the photo here shows, President Obama yesterday signed into law, the new US JoBS Act which among other things legalizes crowdfunding as a way for startups to receive funding for equity…and that’s a good thing, eh!

It will change the way startups do business in a lot of ways, most notably by making it easier for them to accept smaller investments from a larger number of investors. And we believe it’s a good thing that less wealthy Americans who don’t qualify as accredited investors will now be able to put their money into young businesses and reap the rewards.




Comments


Written by Homejobsite
1213 days ago

I think that crowd funding is a great tool for both small business owners and investors. Implementing new structures and ideas into the economy can't hurt what is now a conundrum!

http://www.homejobsite.com



Written by HeatherStone
1214 days ago

This certainly ushers in a bold new era for small business and investment. The results will be interesting to see.



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