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Crowdfunding goes legal: What should startups do next?

April 7, 2012/

President Obama signed the JOBS Act on Thursday, making it legal for startups to raise up to $1 million a year in small increments over the web.

Eventually, that is. Nicholas Tommarello notes that it will be another nine months before crowd-fundraising site such as his, Cambridge’s Wefunder, would be able to go live under the new law.

Boston Business Journal by Kyle Alspach, VC Editor

Full Story: http://www.bizjournals.com/boston/blog/startups/2012/04/crowdfunding-roundup—wefunder-girds.html?ana=e_bost_cap&s=newsletter&ed=2012-04-06

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