The White House and Congress made much fanfare of passing a bill into law, the JOBS Act (Jumpstart Our Business Startups Act), in March 2012, pointing out it would allow for “equity crowdfunding,” or the ability for budding entrepreneurs to take to the Web and solicit money from backers in exchange for stock in a new venture.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=164620