Post Carbon Advisor Jenny Kassan’s post on the potential of crowd funding to boost small business appeared in the Huffington Post.

From the article:

Today the President will sign the Jumpstart Our Business Startups (JOBS) Act in to law, a complex and by no means perfect bill that contains at least one ‘no-brainer’ win for both businesses and investors: crowd funding. This bipartisan legislation fulfills the President’s call to reduce regulatory burdens that prevent many small and young businesses from raising capital — specifically by allowing crowd funding and expanding mini-public offerings.

The legislation is remarkable, as it (rightly) reverses more than 90 years of restrictions on raising capital at the grass-roots level. How we got here is historic as well — it illustrates what power lies in everyday individuals. An impact that will now be felt around the country as small businesses and startups look to crowd funding and other non-traditional means of raising capital.

 

The movement began in 2009, when author and economist Michael Shuman wrote an article for Community Development Investment Review, a publication of the San Francisco Federal Reserve Bank.

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