timothy from the please-fill-out-form-1099-qed dept.
cayenne8 writes "The JOBS Act bill, passed in the house, has stalled in the senate. One section of this bill, which would legalize 'Crowdsourcing' in the U.S., as it is in other countries, allowing companies and startups (like indie film makers) to solicit investments for profit over the internet. This differs from sites like Kickstarter, which allow you to only donate money, in that this bill will allow the common citizen to invest for potential profit ($10K or 10% of income for investor limits) in new ideas and companies."
A computer lets you make more mistakes faster than any other invention,
with the possible exceptions of handguns and Tequilla.
-- Mitch Ratcliffe