New bill aims to change how startups are funded
New bill aims to change how startups are funded
1:54

New bill aims to change how startups are funded

Tech Industry
Notoriously small businesses have always had challenges getting access to capital and even more so in this economy. But raising money is going to get a lot easier if they jump start our business start-ups or Jobs Act becomes law. There are two main fundamentals of the Job Act. First of all, it will let small businesses raise money from individuals that previously couldn't invest in companies because they didn't make enough money they want and credited investors and secondly, it will let these businesses advertise to raise money which has been illegal so far. And although the bill hasn't been signed by the president yet, entrepreneurs are cheering. This act would fundamentally change access to capital for small start-ups in the United States. I guess the biggest, probably the biggest deal in decades. But there are still a lot of concerns about the bill. If you are somebody who is not too familiar with investing and you see an opportunity to invest in the small companies doing this whole thing, you think sounds pretty cool and you reach some articles somewhere and says this is a great investment and say I'll put my money in. It sounds like a sure thing. Well, it's not a sure thing. Most small businesses fail. The SCC along with other investor protection groups have added to the criticism. The North American Securities Administrators Association released this statement. The Jobs Act sacrifices essential investor protections without offering any prospects for meaningful, sustainable job growth. But experts say ultimately the jobs act may not change the way most tech start-ups get funding. Most of them will continue to raise money through Angel investors, venture funds or self-fund. To raise money this way means to deal with a large number of investors you don't know and who you may not trust. For CNETNews.com, I'm Simi Das.

Up Next

The Great Apple AI Divide Is Coming
240613-yt-omt-apple-ai-divide-wwdc-v07

Up Next

The Great Apple AI Divide Is Coming

All the Big News from Elon Musk at Tesla's 2024 Annual Shareholder Meeting
elon-1

All the Big News from Elon Musk at Tesla's 2024 Annual Shareholder Meeting

The Big News to Watch for at WWDC
omt-wwdc24-clean

The Big News to Watch for at WWDC

Watch SpaceX's 4th Starship Launch Test
amd-06-june-2024-06-19-13-am-00-00-20-01-still001

Watch SpaceX's 4th Starship Launch Test

EV One-Pedal Driving Explained in the Kia EV9
240604-site-kia-ev-9-one-pedal-drive-explained-2

EV One-Pedal Driving Explained in the Kia EV9

Everything Announced at Intel's Lunar Lake AI Chip Event
240604-site-intel-lunar-lake-chip

Everything Announced at Intel's Lunar Lake AI Chip Event

Watch Everything Announced from AMD Keynote at Computex 2024
amd-02-june-2024-06-45-10-pm-00-00-00-21-still001

Watch Everything Announced from AMD Keynote at Computex 2024

Everything Announced at Microsoft Build 2024
240521-site-microsoft-build-supercut-thumbnail

Everything Announced at Microsoft Build 2024

Everything Announced at Microsoft's Surface Copilot Plus PC Event
microsoft-event-5-20-24-20-may-2024-02-00-39-pm-00-08-21-09-still001

Everything Announced at Microsoft's Surface Copilot Plus PC Event

If Apple Makes Siri Like ChatGPT or Gemini, I'm Done
240516-site-hey-siri-lets-talk

If Apple Makes Siri Like ChatGPT or Gemini, I'm Done

Tech Shows

The Apple Core
apple-core.png

The Apple Core

Alphabet City
alphabet-city.png

Alphabet City

CNET Top 5
top-5.png

CNET Top 5

The Daily Charge
the-daily-charge.png

The Daily Charge

What the Future
what-the-future.png

What the Future

Tech Today
tech-today.png

Tech Today

Cooley On Cars
on-cars.png

Cooley On Cars

Carfection
carfection.png

Carfection

Latest News

The Galaxy S24 Ultra With Samsung DeX Replaced My Laptop
240613-site-samsung-dex-1

The Galaxy S24 Ultra With Samsung DeX Replaced My Laptop

The Great Apple AI Divide Is Coming
240613-yt-omt-apple-ai-divide-wwdc-v07

The Great Apple AI Divide Is Coming

All the Big News from Elon Musk at Tesla's 2024 Annual Shareholder Meeting
elon-1

All the Big News from Elon Musk at Tesla's 2024 Annual Shareholder Meeting

Our Fave EV Truck Gets Even Better: Testing the New Rivian R1T, R1S
240610-yt-rivian-off-road-experience-v04

Our Fave EV Truck Gets Even Better: Testing the New Rivian R1T, R1S

Home Security Cams Like My Nest Doorbell Are Getting Smarter With AI
must-use-subject-ring-doorbell-device

Home Security Cams Like My Nest Doorbell Are Getting Smarter With AI

Apple Watch: New Features Coming in WatchOS 11
cnet

Apple Watch: New Features Coming in WatchOS 11

Apple's MacOS Sequoia: The New Features You'll Want to Try
240610-yt-macos-ai-mac-vs-ai-pc-v06

Apple's MacOS Sequoia: The New Features You'll Want to Try

Apple Intelligence: What to Know About Apple's Gen AI
cnet

Apple Intelligence: What to Know About Apple's Gen AI

Apple Reveals InSight for TVOS
screenshot-2024-06-10-at-12-20-29pm.png

Apple Reveals InSight for TVOS

Apple Introduces Private Cloud Compute for AI Processing
ipados-00-09-14-29-still003

Apple Introduces Private Cloud Compute for AI Processing