“Until now, it has been illegal to invest as little as $100 at a time into a new startup without first being an accredited investor. If you don’t have $1 million in assets or $200,000 in annual income, you don’t qualify and can’t invest. Until now, venture capital has been a game only for the 1%. A new petition circulating on the Internet seeks to change all that by encouraging Congress to pass a law (Democratizing Access to Capital Act) that would make it possible for anyone to invest small amounts of money in a new venture, in the same way you might crowdfund an art project.”
(via ahandsomeshark)
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Morgan Missen of foursquare makes...important point about the democratization of...
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Businesses like Kickstarter have certainly pushed this type of structure into mainstream thought, though “investors”...
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thisislostinlace reblogged this from madhdler and added:
As someone with no capital and crap credit but who always hoped to become an investor this is lovely.
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keshanbolaky reblogged this from morganmissen and added:
UK is gaining traction, and is proving...the model works. Making investing accessible
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This was featured in #Tech
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bballan reblogged this from morganmissen and added:
I’ve made this point before. Glad someone...more initiative than me
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morganmissen posted this
