I’ve heard it multiple times now, from angel investors and entrepreneurs alike, that the JOBS Act changed the definition of “accredited investor” in order to make it easier to be one. (Remember, Dodd-Frank made it harder.) It’s as if President Obama and the Congress had with the JOBS Act done away with the many flaming hoops that investors and companies have had to jump through for decades in order to raise capital in compliance with the securities laws. Continue reading →
All posts tagged angel investing
The President is in favor of crowdfunding, and is “calling for a national framework that allows entrepreneurs and small businesses to raise capital through crowdfunding. (See the President’s proposal here). This is exciting news to crowdfunding enthusiasts. Crowdfunding would allow early stage and small businesses to raise small amounts of money from the public at large.