3 ms·
There's the second bill, HR 2930, that concerns crowdfunding: http://www.gpo.gov/fdsys/pkg/BILLS-112hr2930rh/pdf/BILLS-112hr2930rh.pdf http://www.gpo.gov/fdsys/
by HistoryInAction 15y ago
There's the second bill, HR 2930, that concerns crowdfunding: http://www.gpo.gov/fdsys/pkg/BILLS-112hr2930rh/pdf/BILLS-112hr2930rh.pdf http://www.gpo.gov/fdsys/pkg/BILLS-112hr2930rh/pdf/BILLS-112...
- 100k 15y agoAh, cool. If I'm reading that right, you can raise $10,000 or up to 10% of the investors annual income (whichever is less) as long as you're raising less than $1M (or $2M with audited financial statements, whatever that means). That will open up a lot more people as potential funders.
- clavalle 15y agoThis makes me wonder what the paperwork is going to look like. Can you imagine gathering and verifying paperwork on potentially thousands of investors at an early stage? Talk about a time suck that people trying to get a company off the ground won't want or need.
- danbmil99 15y agoSounds like a nice niche startup to me
- mattblalock 15y agoSounds like a whole bunch of niche startups are on the horizon...