SPECIAL SERIES: The Rise Of The Sharing Economy
Up until now, it’s been illegal for private businesses to offer equity to anyone other than accredited investors in exchange for funding. The passing of the JOBS Act is about to change all of that. Once the rules are in place early next year, private businesses and startups will be able to use crowdfunding to give equity to investors who will get an actual monetary return instead of a sticker or T-shirt. This shift is expected to attract a huge influx of capital from regular Joes looking for better ways to invest.