Late last month a significant piece of legislation was passed in the US. The Jumpstart Our Business Startups (JOBS) Act, which was signed into law by President Barack Obama in 2012, finally introduced a rule that now allows anyone and everyone to invest in startups.
Citizens in the US (known as non-accredited investors) are now allowed to participate in equity crowdfunding and investment in startups and small businesses. The new rules state that startups now have the option to raise either $ 20 million or $ 50 million through two alternate ways.
