PETERBOROUGH, N.H., June 5, 2012 /PRNewswire/ -- Peoples VC today announced it has become the first equity-based Crowdfunding site to open its doors to public investors, who can now establish their own crowdfunding investment accounts.
While donation-based crowdfunding has become very popular, equity-based crowdfunding (in which funders receive stock in return for their investment) has become legal as a result of the "Crowdfunding Act" that was signed into law on April 5th. Peoples VC has since established itself as the leading stock-based Crowdfunding Portal, and is exclusively focusing on Crowdfunding securities.
"We are leading an investment revolution, in which, for the first time, all Americans can participate in early-stage investing. What was once the exclusive domain of Venture Capitalists and Accredited Investors has now been opened up to all citizens," commented Mr. Noah Tier, Peoples VC spokesman. "The sweeping legal reform of the JOBS act that was passed in April provides an exciting new prospect for public investors who will have access to stock in early stage companies," Mr. Tier added.
The Company recently announced it had created the first on-line calculator tool that calculates how much the government will allow investors to invest in Crowdfunded businesses, as this number can be different for each investor because it depends upon personal financial information such as income and net worth.
While crowdfunding portals may not open their crowd funding marketplaces until the SEC finalizes its rules and guidelines, PeoplesVC has emphasized the need for small businesses (as well as investors) to prepare properly for the moment Crowdfunding markets can open.
Recent reports have predicted that the average American will invest 1% of their income in crowdfunded companies, which will create a sizable capital market opportunity for entrepreneurs, startups, and small businesses.
About "Peoples VC"
PeoplesVC.com was founded to enable individual investors to participate in Venture Capital investments and the growth and success of small companies, while helping entrepreneurs succeed through grassroots funding. Harnessing the power of the Internet, Social Networking, and recently passed U.S. laws, PeoplesVC.com's "Crowdfunding Platform" is a catalyst for rapid change, jobs growth, and innovation. The company can be found online at http://www.PeoplesVC.com/.