Congress did something astounding yesterday. They a) passed a bill and b) passed it with nearly full bipartisan support. This miraculous bill, called the JOBS (Jumpstart Our Business Startups) Act, is a series of 6 bills tied together designed to make it easier for startups to gain access to capital. Undoubtedly the most exciting aspect of this act is what it does for crowdfund investing.
Think of it this way: you’re in the center of a room filled with everyone who has ever known you, friended you on Facebook, followed you on Twitter or otherwise interacted with you. You stand in front of all of these people and pitch the crazy, brilliant business idea that you’ve been dreaming of. If these people like your idea, they can invest in your company, benefiting financially if you succeed or losing a few bucks if you fail. As of yesterday, this concept of “crowdfund investing” is legal.
To read the full, original article click on this link: Why Crowdfund Investing Is The Path To Economic Recovery - Forbes
