The JOBS act, and what it means to regular people
In recent years, companies like Kickstarter and IndieGoGo have danced around an old securities limitation by offering a quid pro quo model. Unable to give an average person stock in exchange for your money, needy start-ups enticed would be contributors with products and swag. Kickstarter even became so successful this past year that it managed to out-fund the National Endowment of The Arts. For those of you who don’t know, that’s over $150 million dollars. But what has driven these types of projects and products to seek funding from everyday people like you and me?
