JOBS Act Brings Open Source Investing to Startups: Crowdfunding Lets Anyone Own a Piece of a Business – But Does It Really Level the Playing Field?

David Egger is Lead Marketing Manager for AT&T’s IRU (Individual Responsibility User) Mobility Programs. You can find more blog content from David and other experts on emerging technologies and mobile application on the AT&T Networking Exchange Blog. AT&T has sponsored the following blog post.

 

We’ve all heard the stories of the brilliant tip from a bank or investor – the one that made millions. We can’t imagine ourselves ever missing out on what was so clearly a no-brainer opportunity to make more money than we’d ever imagined.  But would we really have bet the farm on that opportunity?  Hindsight is 20/20, and investors see hundreds of business ideas every week. The decision to move on an investment is often made as much on the people doing the presenting as it is on the business plan.

Thanks to a few websites — and a new law — all of us, not just the ‘accredited’ investors will be able to play venture capitalist in the near future thanks to the JOBS act, recently signed into law.  The crowdfunding portion of this bill will allow companies to solicit investors from a pool of millions without filing all the required paperwork they currently must file to register new investors. Read More