The JOBS Act and Crowdfunding

The JOBS Act  signed into law by President Obama on April 5th 2012 is exciting news. The new law allows a company to use crowd funding for seeking actual investors. To protect investors, those with a net worth of less than $100,000 may now invest 5% of their yearly income or $2,000, whichever is higher.  CVG will be posting information about Crowd funding for entrepreneurs and investors here.

An interesting article by Robert Shiller , Yale Professor compares crowd funding to other great innovations like limited liability companies and promotes it as one of the best ways to democratize Wall street . He also promotes  financial innovation as a way to solve many vexing problems — including many for those in the 99 percent.

Click here to read the entire Article.

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