If you’re looking to raise money for your business or startup, you should start getting ready now to offer stock to the general public under the new law called Jumpstart our Business Startups, or JOBS Act.
Title III of the JOBS Act allows private businesses — even startups — to raise money from the general public for the first time since the great depression. Suddenly, internet crowdfunding is taking on a whole new complexion. (Read our prior post for a list of crowdfunding sites.)