Sunday, March 25, 2012

New Bill is a Game Changer

‘Crowdfunding’ links small investors and startups -

The new bill will allow small businesses a new avenue to raise capital to fuel growth and create jobs.

New help for startups

" Entrepreneurs want to follow the crowd. 
On Thursday, the Senate approved the Jump-start Our Business Startups (or JOBS) Act, which allows entrepreneurs to use online “crowdfunding” sites to attract small chunks of investment capital from a large number of people. The law lets companies raise money for five years without meeting the disclosure requirements of a formal IPO."--- NY POST 

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