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If This Bill Passes, The Angel Investment Community Is Dead And Companies Like Kickstarter Take Over

November 23, 2011 /

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H.R. 2930 http://rules.house.gov/Media/file/PDF_112_1/legislativetext/HR2930%201027.pdf appears to be just another US Congressional Bill winding its way through the system. Yet I can imagine most Professional Angel Investors recognize (or should) the bill and its potential impact on their livelihood. The House has already passed it with a 95% majority. It’s now on to the Senate and possibly the White House.

If the bill passes (watch the latest Congressional Bill Progress http://thomas.loc.gov/cgi-bin/bdquery/z?d112:HR02930:@@@L&summ2=m& ), you can say good bye to the Professional Angel Investment Community as we know it today.

Mark Fidelman, Seek Omega

Full Story: http://www.innovationamerica.us/index.php/innovation-daily/17524-if-this-bill-passes-the-angel-investment-community-is-dead-and-companies-like-kickstarter-take-over

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