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The US recently started allowing startups to raise money from non-accredited investors. It's just that most legitimate startups still prefer raising from legit
by tuna-piano 9y ago
The US recently started allowing startups to raise money from non-accredited investors. It's just that most legitimate startups still prefer raising from legitimate investors.
This has left "startups" like this "company" YayYo, which raise money from TV commercials stating that they'll become the next Uber.
http://www.businessinsider.com/yayyo-ipo-ads-tv-ramy-el-batrawi-sec-rule-jobs-act-2017-5 http://www.businessinsider.com/yayyo-ipo-ads-tv-ramy-el-batr...