3 ms·

Any idea on when non-accredited investors can join?

• shashashasha 14y ago
  Seems dependent on the JOBS Act: "FundersClub doesn’t rely on the JOBS Act that would let non-accredited investors crowdfund startups. But if the bill is finalized without being sterilized, the JOBS Act could make FundersClub even more of a game-changer by letting literally anyone invest."
  • pash 14y ago
    The JOBS Act did get signed into law with the crowdfunding provisions intact, but the SEC has not yet implemented the rules needed to finalize the regulatory exemption. That's supposed to happen by the end of the year. [0] When that happens, some of the investments FundersClub is offering should qualify for the crowdfunding exemption. 0. http://www.sec.gov/spotlight/jobsact/crowdfundingexemption.htm http://www.sec.gov/spotlight/jobsact/crowdfundingexemption.h...
• GFischer 14y ago
  I'm on the other side, I wonder how could we raise money through there. It's not for seed stage startups, though: "FundersClub currently features early, mid, and late stage private U.S. tech companies from Silicon Valley and beyond. The typical FundersClub company is a startup with high user growth, increasing revenues, reputable investor backing, and/or other signals of traction and growth." https://thefundersclub.com/site/howitworks/ https://thefundersclub.com/site/howitworks/