MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop
MURDER, POLITICS, AND THE END OF THE JAZZ AGE by Michael Wolraich Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop |
As politicians left and right lament that stingy banks won't lend "to get the economy going again," another source of capital sits untapped precisely because the government stands in the way: You, me, and anyone else who wants to invest directly in fledgling companies.
With wheels turning in Washington, that may soon change. When it does, the first beneficiaries are likely to be social enterprises—businesses with a social mission.
Crowdfunding sites like Kickstarter and IndieGoGo have set the standard for creative types looking to launch a project on small donations, but the casual donor crowd doesn’t have the scale to spark an economic recovery, nor get a $5 million startup off the ground and hiring new workers. That requires investors, not donors, but the Securities and Exchange Commission forbids crowdfunding for businesses, as it has for more than 75 years.