President Obama called Crowdfund Investing “game-changing” when he signed the JOBS ACT into law on April 5, 2012. 2013 will be ‘The year of the entrepreneur’. Using equity or debt securities, this new U.S. law creates a financial vehicle for community financing in which the average American can invest in entrepreneurs they believe in and local businesses they trust. Prior to this law, only accredited investors (less than 2% of the US population) had this opportunity. If Americans invest just 1% of their savings via Crowdfund Investing, this policy change will deliver over $300B to the economy that will stimulate entrepreneurship, innovation and jobs. These results are achieved without any U.S. Government spending.
Via Berend de Jonge, EarlyShares