Re:FundersClub (YC S12) Wants To Bypass VC And Let You Inves...
by wheels on Thursday July 26, 2012 @02:27AM
(#4294703)
Except the JOBS Act would only let granny and gramps invest $2000/year in startups. Folks making over $100k/year can invest 10% of that. [1]
I'm still not sure it's a good deal for the classical web startup, but it seems like it has reasonable protections to keep less sophisticated investors from losing their shirts.
I'm still not sure it's a good deal for the classical web startup, but it seems like it has reasonable protections to keep less sophisticated investors from losing their shirts.
[1] http://www.forbes.com/sites/johnwasik/2012/06/06/what-you-ne...