How the JOBS Act Will Change Crowdfunding
At the Digital Hollywood conference in Los Angeles last week, L.A. Tech & Media Law Firm founder David Sharifi predicted how the Jumpstart Our Business Startups (JOBS) Act will change fundraising for movies and tech startups.
You can read the complete JOBS Act at this PDF link. Sharifi outlined what still needs to be implemented with the bill and how the SEC could make it much easier for larger projects to raise funds. Sharifi explained:
[Hypothetically] I can’t offer you guys a thousand dollars per share and raise a million dollars right now.
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