I really think this is a game changer in the world of business.
Small start ups can now seek out investors through public channels, mainly crowd funding.
Basically, it's like kickstarter, but you can potentially see a return on your investment.
Right now only accredited investors can apply, (200k a year for the past 3 years or a million dollar net worth) but that is supposed to change next year.
The article goes into more detail.
For the first time in nearly 80 years, private startups and small businesses can raise investment funding publicly- using sites like Facebook or Twitter to help spread the word, and taking in investment online via equity crowdfunding sites who power the investment process in a more open and collaborative way.
http://www.forbes.com/sites/chancebarnet...-jobs-act/
So any of you guys that are looking to start a business or potentially expand an already existing business, this might be your best way to seek funding.
There are already a couple of equity crowdfunding sites up like wefunder and Angellist.
I think this is going to be huge. Just think if you had the chance to get in on a round of investing for Facebook when they were selling shares on the secondary market through Goldman Sachs.
Small start ups can now seek out investors through public channels, mainly crowd funding.
Basically, it's like kickstarter, but you can potentially see a return on your investment.
Right now only accredited investors can apply, (200k a year for the past 3 years or a million dollar net worth) but that is supposed to change next year.
The article goes into more detail.
For the first time in nearly 80 years, private startups and small businesses can raise investment funding publicly- using sites like Facebook or Twitter to help spread the word, and taking in investment online via equity crowdfunding sites who power the investment process in a more open and collaborative way.
http://www.forbes.com/sites/chancebarnet...-jobs-act/
So any of you guys that are looking to start a business or potentially expand an already existing business, this might be your best way to seek funding.
There are already a couple of equity crowdfunding sites up like wefunder and Angellist.
I think this is going to be huge. Just think if you had the chance to get in on a round of investing for Facebook when they were selling shares on the secondary market through Goldman Sachs.
You want to know the only thing you can assume about a broken down old man? It's that he's a survivor.