Detailed text transcripts for TV channel - MSNBC - 20130216:10:44:00
Between the current form of crowd funding and the kind that was made legal through the jobs act. right now you list your company on a crowd funding site. for example if you're hoping to raise $50,000, you may give people the ability to give you anywhere from $10 to $20,000. in return you give them a prize. not equity, a prize. a guy put his jellyfish tank company up on the sidekicks starter and in return, he gave them one of the tanks or other prizes based on how much money they gave. well, the jobs act opened small business up for a new kind of crowd funding where instead of giving a prize yo...