SEC places restrictions on crowdfunding

[boatBurner]

Today, entrepreneurs have to go hat in hand to a few large financial institutions and venture capital firms that act as the gatekeepers of capital and decide which companies get financing and which do not. Under the new model, nascent companies would be able to sell equity stakes online to a potential pool of millions of investors who believe in the company's product or idea. And if they have a hot enough idea, they can skip the VC office beg-a-thons altogether, giving average people a chance to get in on hot new offerings and entrepreneurs a chance to hold on to more equity in their companies.

Read more: SEC places restrictions on crowdfunding

 

[User9364]

Read more: SEC places restrictions on crowdfunding

Read: You're too dumb and too poor to decide how to invest your own money.

... unless you buy our IPO offerings. In that case, go nuts.

The SEC said it will seek public comment on the new rules for 90 days, and will then review comments and decide whether to modify or adopt the proposed rules.

lol. Go fuck yourselves.

 

[schockergd]

Underwhelming, but at least it's something.


The investment limitations based on yearly income are going to hurt....alot.


Alternative investment vehicles are an awesome thing (Like P2P lending) and can have immensely high returns. Doing it right should result in fantastic returns, but then you're capped now to limited investment.

We've already had to deal with the SEC laws with my startup, not fun at all but these rules could help if they're done right.

 

[drave]

everytime i read something like this, that monkey on my back chatters "amass capital".