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Last Friday felt like Christmas morning in the world of crowdfunding.
After a 3+ year wait, the SEC approved final rules for Title III equity crowdfunding in the US. What that means is that for the first time in 82 years, regular Americans will soon be able to buy shares in privately held startups.
Although the SEC stripped out a lot of regulation to make the process easy, the rulebook that governs this new breed of investing is a whopping 685 pages. If you want a Cliff Notes version, I just published Part 3 of my guide to crowdfund investing.
– Thomas Schroder, Krowdfund.com