Summary
Peoples VC today announced it has become the first equity-based Crowdfunding site to open its doors to public investors, who can now establish their own crowdfunding investment accounts.
While donation-based crowdfunding has become very popular, equity-based crowdfunding (in which funders receive stock in return for their investment) has become legal as a result of the "Crowdfunding Act" that was signed into law on April 5th. Peoples VC has since established itself as the leading stock-based Crowdfunding Portal, and is exclusively focusing on Crowdfunding securities.
Description
While crowdfunding portals may not open their crowd funding marketplaces until the SEC finalizes its rules and guidelines, PeoplesVC has emphasized the need for small businesses (as well as investors) to prepare properly for the moment Crowdfunding markets can open.
Recent reports have predicted that the average American will invest 1% of their income in crowdfunded companies, which will create a sizable capital market opportunity for entrepreneurs, startups, and small businesses.
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Posted by Benjamin Fossel