Raising start-up cash in the 21st century
- Aired: 10/27/2013
- Rating: NR
Karla Murthy reports on new potential uses of 'crowdfunding' - raising a large pool of money from many small contributions online. Thanks to the bipartisan JOBS Act entrepreneurs will soon be able to use this method to raise investment capital. Supporters think the provision could be a key to spurring more entrepreneurship, economic growth, and job creation. But is it a good idea for investors?