One year ago, President Obama signed the Jumpstart Our Business Startups Act into law. So, why isn’t “equity crowdfunding” a reality for startups and regular people who want to support them, in the U.S.?
For the unfamiliar, equity crowdfunding–under the JOBS Act–allows startups and small businesses to raise up to $1 million in equity funding online, through sites registered with the U.S. Securities and Exchange Commission.
Broader access to capital could help entrepreneurs when loans aren’t favorable, or they lack connections to deep-pocketed angel and venture investors.
To read the full, original article click on this link: On JOBS Act Anniversary, Why Can’t Everyday People Invest In Startups? - Venture Capital Dispatch - WSJ
