I first learned about Kickstarter and the other crowdfunding sites on a post here at Redscape on the old site. I couldn't understand why someone would gift money to some else so that they could do their project. I've followed them since then, learned more, actually kicked in some $$ to a project on Kickstarter, but I thought, this will only be a hobby, with no equity exchange it can't be used for real investing.
Apparently, the recently passed JOBS act changes all of that. It legalizes crowdfunded equity start-ups. Want to be an angel investor and have $20 burning a hole in your pocket? Apparently on January 1 2013, you can become one; though the $20 limits you to being a tiny little angel.
Nice write up on the consequences here
Could completely change start-up investing as we know it.
Apparently, the recently passed JOBS act changes all of that. It legalizes crowdfunded equity start-ups. Want to be an angel investor and have $20 burning a hole in your pocket? Apparently on January 1 2013, you can become one; though the $20 limits you to being a tiny little angel.
Nice write up on the consequences here
Could completely change start-up investing as we know it.