Signed into law in April of 2012, the JOBS Act has created much buzz within the start-up industry.
The act lays out provisions meant to help businesses raise money directly through ordinary investors, among other points.
However, for all the hype, there is still uncertainty about when it will go live allowing for full equity crowdfunding of businesses. According to the experts, it’s not likely to be anytime soon.
“Crowdfunding is certainly not on the agenda to be a priority for quite a while,” says David Drake, CEO and founder of LDJ Capital.
Drake, who is a founding member ... more...