morganmissen:

“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.”

 - Venture Capital for the 99%

(via ahandsomeshark)

  1. kevanboyles reblogged this from emergentfutures
  2. andrewchapello reblogged this from morganmissen and added:
    Morgan Missen of foursquare makes...important point about the democratization of...
  3. dw-t reblogged this from emergentfutures and added:
    Businesses like Kickstarter have certainly pushed this type of structure into mainstream thought, though “investors”...
  4. sallysspecialservices reblogged this from morganmissen
  5. ayezarqureshi reblogged this from emergentfutures
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  11. emergentfutures reblogged this from morganmissen
  12. 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.
  13. madhdler reblogged this from ahandsomeshark
  14. keshanbolaky reblogged this from morganmissen and added:
    UK is gaining traction, and is proving...the model works. Making investing accessible
  15. areyouapeople reblogged this from morganmissen
  16. jerriann reblogged this from thenextweb
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  19. This was featured in #Tech
  20. bballan reblogged this from morganmissen and added:
    I’ve made this point before. Glad someone...more initiative than me
  21. najsrinivas reblogged this from morganmissen
  22. ahandsomeshark reblogged this from morganmissen
  23. morganmissen posted this