We can all be angels now... Angel investors, that is. If I'm reading this correctly (and you'd be totally fair to doubt that!), the SEC just decided that crowdfunding companies can peddle equity to the masses. In other words, companies sites like Kickstarter can now offer stock (or, presumably, instruments like options or warrants) to anyone who signs up to help fund them. Previously they've been limited to offering product, swag, or smiley faces.
It will be fascinating to see what happens with this. It's sort of the next stage after the reforms starting in the '70s have made the stock market more accessible to ordinary people unsophisticated in the art of equity investing...
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