The JOBS Act and crowd funding — are they the new paradigm?
The act is designed to allow small companies to go public with less red tape and fewer Securities and Exchange Commission regulations. Crowd funding is a model that allows the little guy, the small investor, to invest in promising young companies and give himself the opportunity to lose his shirt, same as the big guys who bought Facebook at $38 per share.
In early June, at the 10th Annual Venture Summit, sponsored by the San Diego Venture Group, 650 entrepreneurs, innovators, service providers and venture capitalists descended on the Manchester Grand Hyatt where they mingled, perused the 30 cool companies that were being showcased, and listened to Roger McNamee, an icon of venture capital.
To read the full, original article click on this link: CROWD FUNDING — BOON OR BLOW FOR VENTURE CAPITAL? | UTSanDiego.com
