Author: Jessica Jackley
Source: The Atlantic
Interest: The JOBS Act, which President Obama signed into law in April, will ease regulations on securities in the United States, enabling small businesses to raise funding from non-traditional sources. This legislation, along with Kickstarter and others' accelerating growth, has opened the crowdfunding floodgates. According to a recent report, more than 400 crowdfunding platforms were operating at the beginning of 2012, and several hundreds more are expected to seek accreditation.