Could Equity Crowdfunding Be a Pathway from Poverty?

Recently, the United States Securities and Exchange Commission adopted new rules that will open up crowdfunding equity investments to anyone. Previously such investments had only been accessible to so-called accredited investors – individuals with a net worth of over $1 million or annual income of over $200,000. These investments will still be restricted in terms of the amount any individual can invest, but the bottom line is that now anyone, despite their net worth or income, will be allowed to invest directly in a non-publicly traded companies in the US. This is a potentially big shift from the typical crowdfunding model in which an individual contributes to a project in exchange for some sort of non-financial reward, such as an advance copy of a product.

Go here to see the original:
Could Equity Crowdfunding Be a Pathway from Poverty?