The Jumpstart Our Business Startups Act (JOBS Act) that President Obama signed last Thursday is to quote the president, “a game changer.” Thank you, Mr. President. It has a number of provisions that will not only allow small businesses to raise much needed equity for the first time by going public but also will go a long way to finally leveling the playing field for non-accredited investors. In a nut shell, a non-accredited investor is a person or organization that does not have a million dollar net-worth or make hundreds of thousands of dollars. The 99% in other words. Continue reading “Should I take the credit for the JOBS Act?”