As early as next week, we may know whether Congress will change US securities laws to permit startups to sell stock to the general public over the internet.
You know how, today, companies raise money on Kickstarter by offering products, t-shirts, and other bennies? Imagine those same companies selling stock to investors over a Kickstarter-like platform. If the law changes – and this is something that one chamber of Congress has already passed and that President Obama supports - entrepreneurs seeking capital will have one more alternative to angel investors and venture capital firms.
To read the full, original article click on this link: Crowding out angels from startup financings? - GeekWire
