Will Regulation Crowdfunding be the game-changer that it was expected to be when the JOBS Act was signed into law four years ago? Time will tell. In the meantime, we decided to take a closer look at the offerings floated under the new rule, which opens up investment in private companies to all Americans and went into effect on May 16.
The results are promising and, in some cases, surprising.
As of Tuesday, 32 companies had launched capital-raising campaigns on four different crowdfunding platforms using Regulation Crowdfunding (also known as Title III of the JOBS Act). More platforms and offerings will be coming online in the coming weeks. But if motivation behind the JOBS Act was to spread capital around to a more diverse group of companies than the usual Silicon Valley suspects, the law seems to be serving its purpose. […]
The full and original article can be viewed on Locavesting.com
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