Detailed text transcripts for TV channel - MSNBC - 20120414:09:45:00
My prior company, when we took on more money in each round, the previous investors were offered to be bought out at the round of the financing so what will happen and what we see in the crowd funded companies is that investors will come in and say, hey, you paid 1x and we want to come in at 3x, and if you want to exit we will buy you out at 3x and there will be a lot of people who are either going to take them up on that offer. >> and the law went into effect this week and when can i as a business person or i with an idea start this? >> well, another great question. it is 270 days before the s...
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