Investors sprinkled about $38 million across 142 companies in the past year under new rules that allowed equity crowdfunding for nonaccredited investors. That’s a surprisingly slow start, experts say. It’s been a year since U.S. rules went into effect enabling anyone — not just the ultrawealthy — to buy a slice of a startup. Turns out, few are interested.
Property tycoon who banned 'coloured people because of curry smells' faces legal action - Thursday 18 May A buy-to-let tycoon who banned “coloured people” from his properties “because of curry smells” is facing legal action brought by the equality watchdog. Millionaire Fergus Wilson, who reportedly owns close to 1,000 properties in Kent, sent an email to a local letting agency informing them of the ban.
(Bloomberg) It’s been a year since U.S. rules went into effect enabling anyone—not just the ultra-wealthy—to buy a slice of a startup. Turns out, few are interested. Investors sprinkled about $38 million across 142 companies since May 2016 when Title III of the JOBS Act allowed equity crowdfunding for non-accredited investors, according to data from industry tracker NextGen Crowdfunding LLC.