The JOBS Act: Misconceptions And Motives Behind Crowdfunding For Startups

First, lets get rid of the idea that it’s a jobs bill in the usual sense. What it really is, is a "company formation" bill that proceeds on the assumption that if we create more companies we will create more jobs. This hypothesis comes from Kauffman Foundation research that says most jobs are created by new companies–specifically companies less than five years old.

Francine Hardaway

Full Story: http://www.fastcompany.com/1826929/the-jobs-act-misconceptions-motives-crowdfunding-for-startups