Crowd Funding and Job Creation

There seem to be two motivations behind the current buoyant enthusiasm in Congress over crowd funding for entrepreneurs: (1) the democratization of funding for startup companies (no longer requiring such investors be wealthy) and (2) the job creation that is expected to result from creating more startup ventures. In my earlier post, Crowd Funding – A Critique for Entrepreneurs and Investors http://www.gust.com/angel-investing/startup-blogs/2011/11/29/crowd-funding-%e2%80%93-a-critique-for-entrepreneurs-and-investors/ , I listed the pros and cons of crowd funding from the perspective of both entrepreneurs and investors. Now, I would like to provide my perspective on the primary potential benefit to the US economy – job creation.

Bill Payne

Full Story: http://billpayne.com/2011/12/13/crowd-funding-and-job-creation.html