Current System as
created in the 1930s states that
entrepreneurs...
- Can not advertise to
fundraise.
- Can only accept
investment from accredited
investors (2% of all Americans).
- Can only have a fixed
number of shareholders.
- SEC registration is
requireed.
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With the Jobs Act
entrepreneurs ...
- Can advertise to
anyone (Meant to be used
with persons in your social network)
- Anyone can
invest.
- No cap on the number
of shareholders.
- SEC registration is
NOT required.
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