With capital they need to get the business off the ground.
What is this rule change?
This is after the jobs act.
Of the jobs act was passed april fifth of last year.
It did two things.
For the first time, uncredited investors could invest in private places and it was a change from the 1933 law of general solicitation of accredited investors.
What that means is, traditionally, you had to have an investor first and to show them the offering.
To read the full, original article click on this link: The Future of Crowdfunding: Video - Bloomberg
