This week, possibly as soon as tomorrow, the Senate is likely to pass the JOBS (Jumpstart Our Business Startups) Act. It has already passed the House, and most of the influencers in Silicon Valley are in favor of the bill. It will certainly change the way the Valley works. But not for the reasons many people think.
The JOBS Act is a collection of bills that were rolled up into one act in the House: H.R. 3606. The Senate was working on variations of some of the components included in 3606, but sources say that the most likely outcome is that 3606 is what will pass in the Senate without substantial changes. Here are the bill's key provisions and how they will impact Silicon Valley.
To read the full, original article click on this link: JOBS Act to rewrite rules of Silicon Valley investing | Rafe's Radar - CNET News
