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Detailed text transcripts for TV channel - MSNBC - 20110405:20:57:00

How do you protect us from that? i don t think ben would do that. he would do. i don t know, we actually mapped out the blue sky laws relevant to compliance with regulation rule d 504 as a starter version of our product. and so every state is actually we know what to do to comply with those laws. give me an example. an entrepreneur comes to our website. they ll create a profile for themselves, they ll create terms that make sense for their business at the time, whether the terms are a promise to repay investors around a share of revenue or equity. we just launched that, actually, privately this week. and we re going to make that available to the public very soon. so entrepreneur can set their own terms and then invite their community and their friends, family, but also they can reach out to through their social networks to anybody with whom they have a preexisting relationship, and as they invite them in, people with pledge and transact online. and as those investors come ....

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