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 740 days ago
Made Hot by: ZiggyFreud61 on April 7, 2012 10:14 pm
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.


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Comments


Written by Homejobsite
738 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
739 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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