PeoplesVC.com today announced it has opened the doors of its stock crowdfunding platform to small businesses seeking capital.
Startups and existing businesses can raise up to $1,000,000 through equity-based Crowdfunding Portals, as a result of new legislation that passed recently on April 5th. The new law, which is part of the JOBS act, allows companies to sell stock directly to the public, and also authorizes general solicitation through social networks and other on-line avenues. PeoplesVC.com moved out of its Beta mode today and opened its doors to businesses so they can get listed on its Crowdfunding Portal while the SEC finalizes its guidelines.
